Agen Bola Terpercaya Cityholidaybet Reported - Real Madrid's debt has grown to €602 million, according to figures released to club members.
The amount that the European champions owe to banks, creditors the Spanish government and others has grown 11.3 per cent, from €541m, in the past year.
The largest chunk of their gross debt is made up by payments which must be fulfilled within 12 months (€267m), but long-term debt still makes up a large chunk of the total (€241m).
In the 12 months leading up to June 30, 2014, Real Madrid's income did rise, albeit only by 5%, to €550m. This included a €60m jackpot for winning the Champions League.
Since the cut off date for the latest figures, the Blancos splashed an estimated total of €115m on Toni Kroos, James Rodriguez and Keylor Navas before selling midfield pair Xabi Alonso and Angel Di Maria for around €85m.
Wednesday, October 1, 2014
Real Madrid over €600 million in debt
Agen Bola Terpercaya Cityholidaybet Reported - Real Madrid's debt has grown to €602 million, according to figures released to club members.
The amount that the European champions owe to banks, creditors the Spanish government and others has grown 11.3 per cent, from €541m, in the past year.
The largest chunk of their gross debt is made up by payments which must be fulfilled within 12 months (€267m), but long-term debt still makes up a large chunk of the total (€241m).
In the 12 months leading up to June 30, 2014, Real Madrid's income did rise, albeit only by 5%, to €550m. This included a €60m jackpot for winning the Champions League.
Since the cut off date for the latest figures, the Blancos splashed an estimated total of €115m on Toni Kroos, James Rodriguez and Keylor Navas before selling midfield pair Xabi Alonso and Angel Di Maria for around €85m.
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