Real´s income breaks 500 million euros

Real Madrid have closed the 2011/12 fiscal year with income totalling 514 million euros, a seven percent growth compared to the previous year.

That is the highest figure earned by an international sports institution, and Real have become the first club to surpass the 500 million-euro barrier in the sports industry.

Members’ contributions, from both annual membership and tickets, account for 9.5 percent of the total income.

The club’s net earnings are 24.2 million euros, which is 23.3 percent less than in the previous period.

This decrease is put down to increased costs arising on the security front, changes in tax regulations, hedging of contingencies and risks derived from the evolution of the economic context.

However, the club’s net debt has still dropped by 26.5 percent, to 124.7 million euros.

Estimated income for the 2012/13 campaign is 516.6 million euros, with net earnings of about 24.4 million.