Real Madrid closed the 2021-22 fiscal yr with a revenue of 13 million euros ($13.19 million), the Spanish membership stated, with the COVID-19 pandemic nonetheless impacting revenues.
The membership has managed to stay in revenue for the three monetary years affected by the COVID-19 pandemic.
Real received a record-extending 14th European Cup within the 2021–22 season after they beat Liverpool 1–0 within the last of the Champions League, whereas additionally profitable the LaLiga crown and the Spanish Super Cup.
The membership stated that as of 30 June 2022 the money stability excluding the stadium redevelopment mission was €425 million, whereas the lack of revenue because of the pandemic had touched €400 million since March 2020.
“Operating income for the fiscal year 2021/22 has reached €722 million, an increase of €69 million (10%) year-on-year, as the economic effects of the pandemic are gradually easing,” the membership assertion learn.
However, it added that income was nonetheless being hit by the pandemic.
The membership’s web debt, excluding the stadium redevelopment mission, reached a price of €263 million as of June 30, 2022, the assertion stated. ($1 = 0.9855 Euro)
With inputs from TheIndianEXPRESS
