Real Madrid are set to announce their profits for the 2022-23 season, as they look to complete their stadium and continue competing in La Liga.
In a recent report from 2Playbook, we can read that Florentino Perez will announce profits of 12 million euros to club members, based on an income of 843 million euros. This is a record, surpassing the previous turnover of €757 million in 2019.
The club spends just 54% of its revenue on payroll, while revenue from marketing and commercial services is at record levels. The Santiago Bernabeu is also under construction, and the completed version is expected to provide a considerable boost over the coming decades.
Recently, the NFL has discussed the possibility of hosting a match in Madrid, with the Bernabeu being a prime candidate. The key message from the Bernabeu offices is diversification in terms of income. Marketing represents 44% of revenue, up from 26% at the time.
However, Real Madrid is preparing to go into considerable debt, even if the interest rate is considered reasonable. The Bernabeu reforms have so far reached 800 million euros in loans, and Real Madrid are ready to use their ticketing revenue for a further investment of 370 million euros in the coming weeks to complete their project. stadium. This will bring the stadium’s total repayments to €1.17 billion, to be paid over the next three decades, although this sum could also be renegotiated.
