Real Madrid announce closing financial year with immense profit of €874,000

15 Jul 2021

Real Madrid have announced closing the 2020/21 financial year with a profit of €874,000.

The club have also added that their debt had decreased from €240m at the end of the 2019/2020 season to €46m at the end of the 2020/2021 season.

The Whites are one of the few big clubs that didn’t suffer any financial losses in the last two years despite the coronavirus pandemic. Overall, big European clubs have lost about €6bn between the 2019/20 and the 2020/21 seasons.

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