2023-07-17 15:38:15
Real Madrid record quarterly revenue of 843 million euros
【Now Sports】Real Madrid announced their accounts for the last quarter, recording a record revenue of 843 million euros. Real Madrid’s revenue in the 2022/23 season has risen sharply by 121 million euros to a new high of 843 million euros, surpassing the figure before the epidemic for the first time, but the actual profit decreased by regarding 1 million euros from the previous season to 11.8 million euros.
Their treasury currently has 128 million euros, and their debt has dropped from 263 million euros to 47 million euros. However, this figure does not include the cost and debt of the renovation of the Benaby, which rose from 538 million euros to 893 million euros, with work expected to be completed early this season.
In addition to the funds in the treasury, Real Madrid also have access to a credit line of another 265 million euros. Their expenditure-to-income ratio is 54%, which is far lower than the warning line of 70%, which is very healthy. It can be seen that they are better able to withstand the impact of the epidemic than many La Liga and even European clubs.
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