Real Madrid revenues at record $673 million for 2011-12
Real Madrid have released financial numbers for the 2011-12 fiscal year and earned a record $673 million or 515 Euros. The number is believed to be the highest for a sporting institution.
The club released the details in a table on their website (in Euro’s). It shows the revenues increasing by about seven percent from 2010/11 but the net profit decreasing. The club’s debt fell in a year by more than 25 percent to around $160 million. The significant decrease in debt will help Real Madrid comply with the UEFA Financial Fair Play rules.
The full table is listed below.
|Millions of €||2010/11||2011/12||Variation|
|Income (before profit/loss from disposal of fixed assets)||480,2||514||7,0 %|
|EBITDA (before profit/loss from disposal of fixed assets)||147,7||133,8||-9,4 %|
|Operating income||46,5||43,9||-5,6 %|
|Profit/loss before tax||46,8||32,3||-31,1 %|
|Net result||31,6||24,2||-23,3 %|
|Equity as at 30 June||251,1||275,2||+9,6 %|
|Financial debt as at 30 June||169,7||124,7||-26,5 %|
|Staff expenses/income efficiency ratio||45,0 %||45,5 %|