Real Madrid Claim title as highest-earning football club in the world
Real Madrid have been confirmed as the world’s highest-earning football club after revealing their latest financial figures.
The Spanish giants posted record revenues over the course of 2015-16, with earnings rising 7.4 per cent to €620million.
Those eye-watering sums put the 11-time European champions out of sight at the top of the world money league, ahead of nearest rivals Manchester United and Barcelona.
Barca’s revenue in the same period was €679m but included around €70m in player sales – which Madrid’s did not – while United announced earnings of €570m in September.
Furthermore, Real Madrid paid off €96m of debt, even if their overall profit decreased by a margin of 22.5 per cent from €55.9m to €43.3m.
A club statement read: ‘Operating revenues for the financial year 2015-16, without taking into account capital gains obtained as a result of player transfers, have topped €600million euros for the first time.
‘The operating result before repayments and player transfers has risen to €163.2m, which is the highest figure ever reached by the club.
‘This improvement in profitability is due to an increase in revenues having subtracted operating expenses and provisions corresponding to risks and contingencies.
