Real Madrid's Financial Struggles
Record Revenue, Growing Debt
Real Madrid has released its financial report for the 2022-23 season, revealing a record revenue of 604 million Euro and a net profit of 13 million Euro. Despite the positive revenue figures, the club's financial situation remains precarious, with total debt reaching approximately 900 million Euro.
Financial Difficulties
Former president Ramón has expressed concern, stating that "the club accounts are empty." The report highlights that the club's expenses have been rising rapidly, leading to a significant increase in debt in recent years.
Champions League Success
Despite the financial difficulties, Real Madrid has enjoyed success on the field, winning their 14th Champions League title in 2022. This victory has brought in additional revenue, but it is unclear whether it will be enough to address the club's mounting debt.
European Perspective
Real Madrid's financial struggles are mirrored by other major European clubs. FC Barcelona, for example, has reported even higher levels of debt. The financial sustainability of these clubs has become a growing concern for both fans and industry analysts.
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