Real Madrid lost 300 million euros.
Real Madrid lost 300 million euros. Real Madrid have revealed their accounts for the 2020/21 season. Which have lost more than 300 million euros in revenue.
On Wednesday, the Real Madrid released the club’s financial accounts for the 2020/21 season. The Spanish club losing more than 300 million euros ($15 billion).
The number has been calculated since March 2020, when the La Liga stage was hit by the coronavirus. Tackling until the competition has to be stopped for a while. Before returning to the field with measures to order the stadium to be closed for fans to visit.
Los Blancos revealed that from then until June 30, 2021. The club’s financial balance fell to 122.1 million euros, less than 125.3 million euros a year earlier.
However, Real Madrid have not expressed or disclosed plans to renovate the Santiago Bernabeu stadium, which media reports cost around €279 million. With the club borrowing around €375 million from funding sources to finance it.
The total value of the club is 543 million euros.