A capital gain of 46 million for Isak

the sale of alexander isak to Newcastle last summer brought a huge economic benefit to Real, although what remains in the coffers is a figure smaller than the 72 million the British club paid to sign the Scandinavian star. According to an interesting study by ‘2Playbook’, this transfer generated a capital gain of 46 million euros for the San Sebastian club, which refers to the sale price minus what Real had to pay for him in first time at Borussia Dortmund, the payment so that he could not exercise the repurchase clause and the gross record of the three-season striker. The same business platform establishes that Real closed the first half of the year with a net result of 28.9 million euros, based on the provisional financial statements it must present to the LFP.

This is the case, and calculating that Real must pay around four million euros in tokens in each of the three seasons in which Isak dressed as txuri urdin, it will be around 14 million in the end he had to pay for the club in Borossia Dortmund for having 100% of the rights to the Swede.

29 million euros in revenue for the half year

‘2Playbook’ also means that Real has “strengthened its cash position” with a loan of 8 million from OLB Bank, which ends in 2024, and the renewal of two policies with CaixaBank and Banc Sabadell with a limit which are five million and three million euros, respectively . MD learned that this is not a loan for use, but an available remainder that the San Sebastian entity can use in case of need, for example, having to make an expensive move in the next summer market. So that it does not catch you without liquidity to maneuver, carry out this type of low-cost operations, which are different from bank loans with high interest rates.

This trust of the banks in the Gipuzkoan institution only shows the financial strength of a Real that registered a turnover of 58.5 million euros in these financial statements that they must present to LaLiga to confirm that they will comply with the budget. ‘2playbook’ revealed that Real will receive 31.7 million euros for Liga television rights in the middle of the season, 19% less than last year. With the box office and participation in the Europa League, it brings in 11.4 million euros in six months, almost double last year. And partners contributed 5.1 million, 25% less than on December 31, 2021.

The signing of new sponsor Cazoo, which ends this season, provides 8.1 million euros, 10% more year-on-year. As the company announced it was pulling out of sports sponsorships despite a commitment until 2025, Real were obliged to find a new ‘main sponsor’ for next season.

Lots of income and lots of investment

This study suggests that the club will close this year with record profits from the sale of Isaac at Newcastle, higher than the 30.5 million of the 2014/15 campaign, where he was transferred to griezmann and Well done. However, it doesn’t look like it will happen easily as the club also had to meet the cost of the signing Umar Sadiq (20 million), Brace Mendez (14), Cho (11 million) and hut (6.5) for a total of 51.5 million.

Amid the process of reforming the facilities, the total cost of which is estimated at just over 30 million euros, La Real is waiting to receive 106 million from the CVC agreement.