MADRID, Sept. 14 (Xinhua) -- Spanish Primera Liga champions Real Madrid have announced that last season the club achieved the highest level of income in its history.
Real Madrid ended the 2011-2012 campaign with income of 514 million euros, 7 percent higher than in the previous season.
Of that money, just 9.5 percent came through the sales of season tickets with the rest of the earnings coming from television rights, marketing and the Champions League, where the club reached the semifinals before being defeated on penalties by Bayern Munich.
The club also confirmed that its net profit for the 2011-2012 campaign was 24.2 million euros. This was however, 23.3 percent down on the previous season.
Real Madrid predicts that the coming season will see the club achieve income of 516.6 million and a profit of 24.4 million.
Other clubs will point to the fact that Real Madrid, along with Barcelona, earn almost four times more in television rights than any other club in the Primera Liga (over 155 million euros a season), and up to six times more than the lowest earners (Rayo Vallecano and Levante), as one of the reason the club has made a slight profit, while the majority of clubs in Spain are suffering the effects of the economic crisis.
|
