Real Madrid announce biggest revenue increase in 18 years

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The Spanish giants’ revenue jump over the last 12 months is their biggest since 2000, the year Florentino Perez first became president

Real Madrid have recorded their biggest 12-month increase in revenue for 18 years, according to financial figures released by the club.

In the year the Santiago Bernabeu outfit won a third consecutive Champions League crown as well as the Club World Cup, UEFA Super Cup and Supercopa de Espana, they announced an income of €750.9 million (£674m/$874m) for 2017-18, not including fees recouped from player sales.

This marks an 11.3 per cent jump from their figures the year before, which is the largest increase since 2000, when Florentino Perez first became president.

Madrid's net profits stand at €31.2m (£28m/$36m), a 45.9 per cent increase on the previous financial year. The club's net worth has therefore risen to €494.5m (£443m/$575m).

They are in profit for the third year in a row, with net debt now at -€107m (£96m/$125m). That net liquidity increase is €96.7m (£87m/$112m) up from last year, which they report as “the greatest reduction to debt achieved by the club in the last 15 years”.

Forecasts suggest a revenue of €752m (£675m/$875m) for the 2018-19 season excluding player sales, with pre-tax profits in the region of €43.2m (£39m/$50m).

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The club's general assembly will meet on September 23 to submit the financial results for approval and discuss the prospect of outside financing to help the redevelopment of the Santiago Bernabeu.

Despite the loss of five-time Ballon d’Or winner Cristiano Ronaldo after another successful season on and off the field for the club, Madrid are hoping new coach Julen Lopetegui can continue their dominance of Europe’s top competition as they target a fourth straight crown.

They start their Champions League campaign with a game against Roma on September 19, after a visit to Athletic Club in La Liga.

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