Real Madrid revenues at record $673 million for 2011-12

Real Madrid have released financial numbers for the 2011-12 fiscal year and earned a record $673 million or 515 Euros. The number is believed to be the highest for a sporting institution. The club released the details in a table on their website (in Euro’s). It shows the revenues increasing by about seven percent from 2010/11 but the net profit decreasing. The club’s debt fell in a year by more than 25 percent to around $160 million. The significant decrease in debt will help Real Madrid comply with the UEFA Financial Fair Play rules. The full table is listed below. Millions of € 2010/11 2011/12 Variation Income (before profit/loss from disposal of fixed assets) 480,2 514 7,0 % EBITDA (before profit/loss from disposal of fixed assets) 147,7 133,8 -9,4 % EBITDA 151,1 153,9 +1,9 % Operating income 46,5 43,9 -5,6 % Profit/loss before tax 46,8 32,3 -31,1 % Net result 31,6 24,2 -23,3 % Equity as at 30 June 251,1 275,2 +9,6 % Financial debt as at 30 June 169,7 124,7 -2...