
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.