Real Madrid officially Confirmed as the World Highest Earning Football Club
The 11 times uefa champions league winner posted record revenues over the course of 2015-16, with earnings rising 7.4 per cent to €620million.
Congratulations to the European and Spanish Champions
A club statement read:-
Operating revenues for the financial year 2015-16, without taking into account capital gains obtained as a result of player transfers, have topped €600million euros for the first time.
This improvement in profitability is due to an increase in revenues having subtracted operating expenses and provisions corresponding to risks and contingencies.’
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