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Real Madrid makes millions despite Corona.

Real Madrid makes millions despite Corona.

Real Madrid makes millions despite Corona:


  Spanish soccer champions Real Madrid said on Tuesday that their profits at the end of the 2021-2022 fiscal year amounted to 13 million euros ( 13.19 million ), while the impact of the Covid-19 pandemic on income continues. 


   Real Madrid added in a statement that they had continued to make a profit throughout the three years that had been affected by the Corona, according to 'Reuters'


   The team's profits have declined with the absence of stadium fans in recent years at home from the Corona pandemic, but they have not reached the degree of loss, as has happened with other clubs. Europeans. 


   The new profit represents a significant increase since the club achieved in the last financial year 2020-2021, an amount of only 874,000 euros


   The announcement of the new earnings came during a meeting held by club president Florentino Perez with Real Madrid shareholders to update them on the team's financial situation. 


   In the 2021-2022 season, Real Madrid won the Champions League for the 14th time, consolidating their unprecedented record, they also won the Spanish League and the local Supercup.


   The club statement also states that Net debt, which does not include the stadium development project, amounted to 263 million euros as of June 30, 2022.



Real Madrid's sources of income are as follows : 


    television rights for competitions, tickets to attend matches, transactions in which they sell players, in addition to sales of clothing and articles for the team worldwide. 


   I n addition, the team receives financial prizes to be crowned in local and international championships.

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