Real Madrid announced on Thursday that revenues for the financial year 2008/2009 to reach a record 407 million euros, while the former was 366 million.This figure is higher than the budget estimates (400 million) and profit before tax should come in this year, which ends on June 30 to 58 million (53 in the budget), the club said on its website.
These optimistic forecasts are published by the Real Madrid a few days of the general assembly of the club, this Sunday, which could set a date on the next election for president of the club in early June.
Real Madrid points out that her financial debt on June 30 should fall to 125 million euros, well below the 200 million a year ago.
FC Barcelona, a great rival of the white, predicted a budget of 380 million euros this season, with a debt estimated at the beginning of season 180 million.
The two clubs, first and second place respectively in the League, are at the top of the clubs in terms of global revenue.
Both have benefited from increased revenue from television rights.
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