Reduced the "Real" of Madrid, experiencing a financial lift

The new financial model of Madrid's "Real" works flawlessly - the UEFA Champions League winners in the 2017-18 season accumulated the highest revenue in the last 18 years. The "White" team announced financial results, stating that in the 2017-18 season the club's total revenue, excluding player sales, increased to 750.9 million euros. This is the biggest financial leap since 2000, when Florentino Perez took over as president of arguably the world's biggest club in intervals. Net profit during these years increased by 31.2 million euros - 45.9 percent more than the previous year. The total club value also increased by another 494.5 million euros. The most important financial achievement over the years is that the club reduced its debt to banks to -107 million euros. For example, back in 2013, the club's total debt was 590 million euros. So, F. Perez managed to reduce the club's debts by almost 500 million euros in less than five years. It is projected that in the 2018-19 season, Madrid's "Real" revenue will increase to 752 million euros. Following such financially successful years, Madrid's "Real" will hold a special meeting on September 23rd, where a final decision on the renovation of the "Santiago Bernabeu" stadium may be made.