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THE WHITES, ADDING DESPITE THE COVID

The fortune that Madrid will have for signings in the coming seasons

Published:13/09/2022 - 16:30h

Updated:13/09/2022 - 16:30h

Real Madrid continues to present a positive balance in its figures despite the pandemic that affected the world of football between 2020 and 2021. Likewise, its asset value has increased

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Through a communiqué, the Real Madrid has spread the figures of his finances in the last two years fixing the closing of the exercise in the month of June of 2022, launching a balance of tesorería of 425 million euros, 13 millions in profits, losses by 400 millions owing to the sanitary crisis of 2020 and a net heritage of 546 million euros.

In the text, the club stands out that even during the most critical years, marked by the confinement and other measures restrictivas to avoid the propagation of the coronavirus, his accounts always kept in black numbers: "With this result, the club attains to keep in profits in the three exercises affected by the pandemia, after having obtained profits so much in the exercise 2019-20 (313 thousands of euros after taxes) as in the exercise 2020-21 (874 thousands of euros after taxes), being one of the few big clubs of Europe that did not incur in losses in these two exercises".

The club also has explained to what has to that his balance of tesorería reach the 425 million euros, between which do not explain the costs for the remodeling of Santiago Bernabéu: "This amount represents, in reality, no a debt but a position of net liquidity, when being greater the sum of the tesorería and of the debtors by traspasos that the balances creditors by investments, banking debt and anticipos".

The heritage of the Madrid, in increase

Likewise, they have indicated that the income perceived in the last years have allowed to increase the value patrimonial of the institution, arriving to his tope around the middle of the year in course: "Like consequence of the profits obtained, the club has gone increasing year to year the value of his net heritage until reaching to 30 June 2022 a value of 546 million euros".

Even this value has increased regarding the immediately previous year to the sanitary crisis: "When having attained to keep in profits in the three exercises affected by the pandemia (2019-20, 2020-21 and 2021-22), in spite of the losses of income suffered, the club has achieved to increase in 14 million euros the value of the net heritage regarding the situation to June of 2019 before the pandemia".

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