On the back of difference-making Champions League victory, Real Madrid are set to shatter their single-season revenue record.
While the budget predicted Los Blancos would have a turnover of €581 million in the 2015/16 campaign, the number soared to €620m after the accounts were signed off, which compares to €577.7m tallied at the same stage in 2014/15, eventually reaching €660m from a budgeted €533m.
The board of directors is going to present on Thursday, July 14 their estimated budget for the upcoming season, which will be approved or rejected in September’s assembly of members eligible to vote, known as ‘compromisarios.’
Madrid extend their 15-year-long trend of generating more cash than the previous year, with revenue increasing by an average of 11 per cent since the 2000/01 season, Florentino Perez’s first as president.
The eleven-time European champions have bested their financial expectations despite not having sold a star player, as they had done in recent memory with Mesut Ozil, Angel Di Maria or Gonzalo Higuain.
The 2016/17 predictions are optimistic as the Champions League victory will bring in €53.5m guaranteed and Los Blancos are expecting to seal a new deal with Adidas superior to the €94m a year the German brand pays Manchester United.
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