It said gross revenues for the season were 442.3 million euros, up 8.6% from the previous year. I believe this is the first time that any sports franchise has posted revenues in excess of 400 million euros in a single year,
Real reported their net profit had risen 11.5% to 24 million euros, and that their net debt had shrunk 25.1% from 326.7 million to 244.6 million euros.
The big-spending Spanish club reported annual profits of 24 million euros (30.6 million dollars), up from 21.5 million a year earlier.
Here are the official figures from the Real Madrid web site.
|Earnings before player transfers||407.3||442.3||+8.6%|
|EBITDA before player transfers||93.1||111.6||+19.8%|
|Efficiency ratio of Personnel Expenditures/Earnings||46%||43%||–|
|Earnings after amortization||29.1||43.9||+50.9%|
|Earnings before taxes||24.9||31.0||+24.2%|
|Net assets on 30 June||195.9||219.7||+12.2%|
|Net debt on 30 June||326.7||244.6||-25.1%|
|Debt/net assets ratio||1.7||1.1||–|