‘Leverages’ in an era of manager’s guarantees and capital increasessalary caps on the edge of a knife and pay cuts for survival, real Madrid He boasts of his financial strength, as he rarely does. The calculations that Florentino Pérez will present to the partners for review reflect a profit of 13 million euros in the 2021/22 season and show what really worked.425 million euro treasury.

These are the main figures for accounts approved by the white board this Friday, in addition to a positive net worth of 546 million euros. And despite all this Estimates from the offices of the Santiago Bernabéu put the losses from the health crisis due to Covid-19 at 400 million euros..

Three positive courses

In the information about his accounts, which he made public this Monday, the European champion emphasizes, “We must add to this the new loss of income that could have been achieved had it not been for the pandemic.” It also states that managed to end three years of the pandemic positive, but in the previous two the margin was less than one million euros. In any case, it is an unprecedented fact in Spanish football and almost in Europe.

Looking at this season, Pérez and his directors present a revenue budget of 769.9 million euros, 48.1 more than the previous season. Profit projected as five ‘kilo’ as of 30 June. All these figures, yes, exclude the costs of remodeling the Bernabéu.

If these numbers are reached, Madrid will be successful this season Highest operating income figure in its entire historyAlthough it surpassed 757 of the 2018/19 season, it is still below estimates for the season when Covid forced the competition to cease in March.

negative net debt

Another important indicator is Madrid’s net debt, which is set at -263 million. “This amount represents a net liquidity position, as the sum of treasury and debtors for transfers is greater than the balances of loans for investments, bank debt and advances,” says the Chamartín organization.

Regarding the reconstruction of its stadium, Madrid points out that “the investment amount recognized in the 2021/22 fiscal year, including the financial costs capitalized during the construction period, is 259 million euros. In this way, 538 million euro accumulated investment until 30 June 2022“.

Likewise, it disposed of a total of 800 million loans requested for these businesses. Madrid has 354 million euros worth of unused loans. A bed that does not need to be thrown away due to its economic situation.

Finally, Madrid estimates State contribution to public coffers at 351m euros In the 2021/22 season, including IRPF withholdings, Social Security contributions, IBI payments and VAT, among other taxes.