He real Madrid has closed the 2022-23 academic year with a benefits economy of €12 millionas reported by the white entity after the meeting held by its Board of Directors, under the presidency of Florentino Pérez, and where the balance of the recently completed campaign.
The broad framework of the said balance underlined that the income of reaching the course €843 milliona figure that does not include values to be entered as transfer of players. It assumes a increase compared to the previous course of 17% and exceed the first income opportunity before the pandemicin 2018-19 they reached 757 ‘kilo’.
According to club data, the net worth as of June 30 is 558 million and Treasury throw the 128 million. In addition, it has unusable credit policies worth 265 million.
The approved balance is settled at 892.7 million of euros the investment accumulated in remodeling of the Santiago Bernabéu, 355 this past year, where the entire 800 million loan approved during the Assembly to finance the works has been completed and which will begin to be paid from July 30, with a quota of 34 million.
Tasks are expected to be completed by end of this year. If confirmed, starting January 1 they can begin to be amortized on increase in income for commercial exploitation of the facilities.
In any case, the forecast points to academic year 2024-25 as the full economic performance of said facilities, which will significantly increase income which was built by the stadium, which will be raised this 2023-24 academic year.
Source: La Verdad
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