The Madrid will go back to surpass the 800 'kilos' of turnover

Because of the arrival of the pandemia, in the offices of the Real Madrid put a clear aim: adjust the belt for salvaguardar the economic health of the club. Now that the general public has returned to the stadiums and the clubs begin to recover part of the stray income, in the white entity the box finds better of what expected.

As it has informed 2Playbook, skilled portal in the industry of the sport, the club madridista will surpass once again the 800 million euros of turnover in the 2021-22 and will repeat profits. "The club goes to be one of the few big clubs of Europe that do not incur in losses", celebrates the Real Madrid in his annual memory of 2020-2021, a course in which it went back to save the net profit and even increased it, until 874.000 euros.

Said result has special merit, due to the fact that Florentino Pérez exposed to the partners a possible hole of 70 million euros by fault of the pandemia if they did not adopt measured to contain the cost. Finally, it attained to evade the losses thanks to measures like the discount of 10% of the wage to part of the staff and to the managerial heights.

With a net profit average of 34 annual millions between 2011-2012 and 2018-2019, according to data extracted of 2Playbook Inteligence, one of the big tarpaulins of the president of the club merengue and his executive team has been to create stock exchanges by means of provisions or deteriorations of the value of the active that, when they have been necessary, have freed .

Like this then , it has avoided tributar in excess by Tax of Societies in the exercises of high profitability and have created countable cushions for the worst moments, like the pandemia. A priori, there is not new possible extraordinary in sight, by what sustain the profitability in 2021-2022 will depend only of the prudence in the cost and the increase of the income.

The direction that heads at present José Ángel Sánchez foresees that the figure of business improve 7% interanual, until 695,5 million euros. The main reason of the advance is the gradual reopening of Santiago Bernabéu, that will allow that the income by quotas of partners, credited and taquilla multiply by eight, until 85,53 million euros.

Beside the ordinary activity stand out the plusvalías by traspasos, that by fourth consecutive year will be above the 100 million euros; in concrete, 108,1 million euros that already would have materialised , as the Real Madrid does not be used to presupuestar operations no executed. Raphael Varane happened to the Manchester United by 40 millions and obtained 35 millions more by Martin Odegaard, to which add 3 millions by the cession of Brahim to the AC Milan and the course of Usman Garuba to the NBA, respectively, as well as numerous variable collections by performance or rights of training of players already traspasados.

Effects of the COVID

The Real Madrid insists in his annual memory that the pandemia by Covid-19 has deprived him of some 300 million euros in income between the two seasons affected, as his figure of business -excluded traspasos- already rondaba the 750 million euros. "This loss of alone income has been able to be compensated by the club through the execution of intense measures of saving in all the areas", explains the club in the memory remitted to the compromisarios. The plan allowed to reduce games of cost by 36 million euros.