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Actual Madrid: Actual Madrid returns to revenue and presents a field of 425 million

Actual Madrid: Actual Madrid returns to revenue and presents a field of 425 million

meme actual Madrid has launched the results of its accounts for final season in an announcement. The membership throws some earnings of 13 million eurosthe internet value quantities to 546 million As of June 30, 2022, a treasury steadiness of 425 million and the lack of revenue brought on by covid since March 2020 is 400 million euros.

“With this consequence, the membership manages to remain in revenue within the three years affected by the pandemic, after having obtained earnings each within the 2019-20 monetary yr (313 thousand euros after taxes) and within the 2020-21 monetary yr (874 thousand euros after taxes), being one of many few massive golf equipment in Europe that didn’t incur in losses in these two workouts”, says the assertion.

546 million internet value

“As a consequence of the earnings obtained, the membership has been growing yr after yr the worth of its internet value till reaching a price of 546 million euros as of June 30, 2022. Having managed to take care of earnings within the three years affected by the pandemic (2019-20, 2020-21 and 2021-22), regardless of the revenue losses suffered, The membership has managed to extend the worth of the web value by 14 million euros in comparison with the scenario in June 2019 earlier than the pandemic,” he provides. The working tickets of the 2021-22 monetary yr have in flip reached, as introduced by the membership itself, the determine of 722 million euroswhich represents a rise of 69 million euros (10%) in comparison with the earlier yr, because the financial results derived from the pandemic steadily subside.

However, the treasury steadiness as of June 30, 2022, excluding the stadium transforming challenge, is €425 millionThe membership’s internet debt, excluding the stadium transforming challenge, stood at -263 million euros as of June 30, 2022. “This quantity represents, in actuality, not a debt however a internet liquidity placebecause the sum of the treasury and debtors for transfers is larger than the credit score balances for investments, financial institution debt and advances, “explains the membership.

The Board of Administrators met right now to conform to name the Odd Basic Meeting for October 2during which the outcomes equivalent to the 2021-2022 season will likely be submitted for approval, amongst different issues.



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