Real Madrid end 2019/20 season with 320,000 euros surplus

13 Sep 2020

Real Madrid ended the 2019/20 season with a surplus of 320,000 euros which shows that the club adapted well to the difficult economic situation posed by the coronavirus.

Football, and especially the biggest clubs in the game, had their finances affected enormously by the absence of fans in stadiums.

Florentino Perez and Jose Angel Sanchez introduced a series of cuts in order to manage the crisis with the most important being the ten percent wage cut for players in the football and basketball first teams.

Player bonuses were also cut, meaning wasn’t a payment even made to players for winning LaLiga last term, and extra expenses were made across the board to avoid making a loss over the season.

The club has calculated a reduction of income of more than 172 million euros since the start of the pandemic, which could rise even further if fans aren’t allowed back to the stadium during the season with predictions of around 650 million euros in losses.

Players are going to have to tighten their belts over the coming year but there is consensus that there will be no problems when it comes to contract negotiations and wages, given the circumstances.

The club have had to put the brakes on deals for certain players such as Kai Havertz, Eduardo Camavinga and Erling Haaland with priority being put on selling players and freeing up the wage bill.

The club will only see new signings coming in if there is significant money brought in through the sale of players.

Next Match
POLL

Should Real Madrid include Vinicius in Mbappe transfer deal?

View Results

Loading ... Loading ...
TOP SCORERS
Leo Messi 23 Goals Barcelona
Karim Benzema 21 Goals Real Madrid
Gerard Moreno 20 Goals Villarreal
L. Suárez 19 Goals Atlético Madrid
Youssef En-nesyri 16 Goals Sevilla
Lewandowski 10 Goals Bayern Munich
Haaland 8 Goals RB Salzburg
Harry Kane 6 Goals Tottenham Hotspur
Son Heung-min 5 Goals Tottenham Hotspur
Sterling 5 Goals Manchester City
SUBSCRIBE TO OUR NEWSLETTER