Real Madrid first sports institution to surpass €500m income

http://www.realmadrid.com/cs/Satellite/en/Actualidad/1330118134259/noticia/Noticia/Real_Madrid_s_income_reaches_514_million_Euros,_7%25_more_than_in_the_previous_fiscal_year.htm

gg....

This is how a football club is run my friends

WOW!

congrats! Mammoth profit there.

Bravo!

I don't think that is profit. That is revenue.

and a 26% decrease in net income. nice try though

zizzle wrote:and a 26% decrease in net income. nice try though

? Good now keep reading past that lmao

Also Net debt fell by 26,5% totalling 124,7 million Euros, i.e. 45 million Euros less than in the previous period.

Now we could look at Inter's financial situation on how not to make money lmao.

zizzle wrote:and a 26% decrease in net income. nice try though

Thats perfectly fine, any football club that is not Arsenal does not exist to make profits. It means they're using more of their money to win.

That debt reduction ...

Flo "The Superior being"

can someone explain it with simple english?

if this is arround 500 milion income, its somewhat "restorement" from the dept the club already had? if yes how much was the dept

the net income has increased right? it says net dept dropped which means the 26 % is the percentage of the dept reduction? or no?

i find it hard to understand in english

The 26% drop in the debt is huge plus. Overall though the club isn't built to make a profit. Any money made gets reinvested in some capacity.

Real Madrid.

Crimson wrote:

zizzle wrote:and a 26% decrease in net income. nice try though

? Good now keep reading past that lmao

Also Net debt fell by 26,5% totalling 124,7 million Euros, i.e. 45 million Euros less than in the previous period.

Now we could look at Inter's financial situation on how not to make money lmao.

You mean our success in reducing the wage bill almost %80 in 2 seasons and still increasing revenues when we started sharing our TV revenues with the rest of Serie A ? whats wrong with that

This picture sums up my reaction:

Crimson wrote:http://www.realmadrid.com/cs/Satellite/en/Actualidad/1330118134259/noticia/Noticia/Real_Madrid_s_income_reaches_514_million_Euros,_7%25_more_than_in_the_previous_fiscal_year.htm

gg....

cool story bro

Real will probably become debt free within 4 years. Impressive when you consider economical situation of Spain.

Adit wrote:Real will probably become debt free within 4 years. Impressive when you consider economical situation of Spain.

3 years if things stay the same as they are, 2 if we manage to win the UCL in the next 2 seasons imo

lol wat are u guys smoking real madrids debt is greater than 500 million euros.

spanky489 wrote:lol wat are u guys smoking real madrids debt is greater than 500 million euros.

Also Net debt fell by 26,5% totalling 124,7 million Euros, i.e. 45 million Euros less than in the previous period.

spanky489 wrote:lol wat are u guys smoking real madrids debt is greater than 500 million euros.

Not talking about total liabilities which is over 500 for Barca,real and Arsenal and over 1000 million for Manchester UTD.

Net bank debt is only 127 million for madrid.

k but their profit was still only 24 million, considering inflation and debt interest that is looking like more than 5 years...

spanky489 wrote:k but their profit was still only 24 million, considering inflation and debt interest that is looking like more than 5 years...

Read the article estimated forecast will be the same for next season which means another 45m paid off on Net Debt. At that rate it's around 3 years and we will have 0 Net Debt. Less if we win more.

Using total liabilities as debt is beyond stupid if you know anything about finances lmao, Net Debt is all I'm worried about, total liabilities will always be there because of certain reasons that make no sense to me, we can reduce it after our Net Debt is 0 but it will always be a substantial sum.

FloFlo

I still don't get why people get happy when their club makes money if it doesn't directly lead to transfers.