Spanish giant, Real Madrid have been confirmed as the World’s highest
earning football club after their latest rise in financial figures.
The 11-time European champions posted record revenues over the course of
2015-16, with earnings rising 7.4 per cent to €620million.
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. This improvement in
profitability is due to an increase in revenues having subtracted
operating expenses and provisions corresponding to risks and
contingencies.'
Title :
Real Madrid is now the World’s highest earning club
Description : Spanish giant, Real Madrid have been confirmed as the World’s highest earning football club after their latest rise in financial figures....
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