Spanish giant, Real Madrid is reportedly the world's highest earning football club after their latest rise in financial figures.
The La Liga side yet to lose any match this season posted record revenues over the course of 2015- 2016 with earnings rising 7.4 per cent to €620 million.
The club won the 2015/2016 UEFA champions league tournament making it their 11th and the highest by any club anyways. HALA MADRID!
An official club statement read:
The La Liga side yet to lose any match this season posted record revenues over the course of 2015- 2016 with earnings rising 7.4 per cent to €620 million.
The club won the 2015/2016 UEFA champions league tournament making it their 11th and the highest by any club anyways. HALA MADRID!
An official club statement read:
'Operating revenues for the financial year 2015 - 2016 without taking into account capital gains obtained as a result of player transfers, have topped €600 million for the first time. This improvement in profitability is due to an increase having subtracted operating expenses and provisions corresponding to risks and contingencies.'
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