Real Madrid have €425million to spend as club chooses

Real Madrid
Photo: Getty images

Real Madrid have announced the club made a €13million profit in the previous financial year despite the ongoing financial effects of Covid in LaLiga. 

The club’s net assets stood at a staggering €546million in June – an increase for the third straight season and up from last year’s €534million.

Real Madrid also announced €425million is available for the club to spend as it chooses.

The club also announced that Madrid’s operating income in 2021-22 increased by 10 per cent in comparison to the previous financial year, rising from €653million to €722million.

Madrid also recouped €10million more in player sales than they spent on new additions in the summer transfer market thanks to selling Casemiro to Manchester United for £70million.

The financial report shows Real Madrid are in strong financial shape, which appears rosy compared to the issues with rivals Barcelona.