MADRID: Real Madrid’s revenues exceeded €500m for a second consecutive season in 2012-13, rising 1.3 percent to €520.9m ($683.4m), the world’s richest club by income said.
The La Liga giants made a net profit of €36.9m, up from €24.2m the previous season, Real said on their website (www.realmadrid.com).
Real topped Deloitte’s annual ranking of the world’s richest soccer clubs for an eighth consecutive year.
Under president Florentino Perez they became the first sports club to exceed the threshold of half a billion euros, said Deloitte, who exclude player transfer fees, VAT and other sales-related taxes. REUTERS
