Thursday, 23 June 2011

Real Madrid: 450 million euros in revenues

Florentino Perez has called on his management on Monday to celebrate the Board meeting that has to take stock of what has been the 2010-11 season and inform about the next season project. Accounts will be discussed as well as transfers. One more season, the president will close a year with benefits, expecting revenues of more than 450 million euros and profit before tax more than 30 million euros. These are record figures in the sports industry.

Florentino Perez

Last season ended the year with revenues of more than 442 million euros. The reasons for this growth are several. Mainly, the influx of spectators to the stadium, ticket salesand revenue from the Champions League. Mourinho has made the white team reachedthe semifinals and this has meant more money from the UEFA. The VIP boxes, the Tour and the section on marketing have been successful.

Beyond the numbers, Florentino with his managers will analyze what are the new projects of the football and basketball teams, which has meant the work of Mourinho, with the achievement of the Spanish Cup and reach the semifinals of Champions League, and the signings already made (Sahin, Altintop and Callejon).

The projects implemented by the Foundation, with the creation of schools and other activities, will also occupy an important part of the meeting, as works undertaken in the Stadium and the Valdebebas Sports City. Florentino continues with its plan to have a pioneering stadium and will be discussed the upcoming projects and all proposals.

The Board is satisfied with the work being done in this last season. It is considered that the club has grown in every way and there is an ambitious project. The leaders are committed to winning more titles.