Friday, September 14, 2012

Real with a record revenue of $ 514 million



Spain's reigning champion, today announced the financial report for the season 2011/2012.
In comparison with the previous period, Real Madrid revenue increased by 7% and is now 514 million, so 'Los Blankos "is the first club that exceed 500 million euros.
The net profit of the team from Santiago Bernabeu 24.2 million, or 23.3% less in accordance with the previous period, the reduction is due to several factors, among which paid bonuses won titles and the change in taxes.
'Kings' also reduced debt by 45 million, and it now stands at 124.7 million.

Forecasts for the season 2012/2013 revenue of 516.6 million euros and a net profit of 24.4 million euros.

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