Real Madrid finished the 2015/16 season with an operational income of €620 million, an increase of 7.4% compared to the previous season, and a net profit of €30.3 million, down on the €42 million posted on 30th June 2015. The club’s board will present their accounts at the assembly scheduled for 23rd October, when the annual report will need to be approved. It’s the first time in the club’s history that their income has surpassed €600 million, and the club also explained in a statement that the figures don’t include profit made from player sales.
EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) increased to €163.2 million by 30th June 2016, a club record, marking an increase of 20.9% compared to the previous year. They made a pre-tax profit of €43.3 million, down 22.5% on profits made in their previous season. According to Real Madrid’s statement, this was due to the effects of non-recurrent activities, such as player transfers during the summer 2015 and January 2016 transfer windows. The club’s net worth increased to €442.2 million, while the club’s cash balance nearly doubled to reach the figure of €211.5 million.
During the course of the season, Real reached the peak of the European game by winning the Champions League in Milan last May. Even though there was some discontent following the lack of a major signing during the transfer window, the club were able to record both sporting and financial successes that season. However, winning is ingrained in the culture of the club, and what they have achieved isn’t yet enough to outdo Barcelona in terms of their income: the Blaugrana closed last season with a turnover of €670 million, the highest of any club in the world.