Real Madrid caught up in financial fraud?

VIỆT HÙNG |

After recent poor results on the pitch, Real Madrid have been caught up in financial scandals.

Real Madrid has just announced the financial plan for the 2024-2025 period for key members of the club. In this plan, revenue from the FIFA Club World Cup is not listed even though Los Blancos will definitely participate in this playground in the summer of 2025.

The Bernabeu team was involved in a scandal threatening to withdraw from the tournament after Carlo Ancelotti's statements a few months ago. After that, on the homepage, Real Madrid had to correct their participation, even with the highest respect.

According to The Athletic, for the first time in history, Real Madrid's revenue has exceeded the 1 billion Euro mark. However, this does not include money from the FIFA Club World Cup and stadium rental events in the past. In 2024, Bernabeu was the destination of The Eras Tour - Taylor Swift. The American singer's event has brought a lot of money to the Royal team but it is also not listed in the 2024-2025 financial plan. Among the "ultra" events outside of major annual tournaments, Real Madrid has listed the expected revenue from the intercontinental cup that will take place in December, where they won a ticket to the final on December 18. This raises doubts about Los Blancos' intransparency when they do not fully list all possible sources of income.

The team's budget is also facing a deficit as it is caught up in lawsuits with local people. The reason is that the team has rented out the stadium to organize many music and entertainment events, affecting the lives of local people due to noise. Real Madrid have been fined twice after Taylor Swift's The Eras Tour, with the amounts of 142,000 and 146,000 Euros respectively. In the immediate future, no music events will be held at the Bernabeu from now until April 2025.

Real Madrid has budgeted a revenue of 1.13 billion Euros for the 2024-2025 financial year, an increase of 54.7 million Euros compared to 2023-24. The club has recorded a revenue growth of 14% based on revenue from their stadium rental, with an annual budget forecast of 362.1 million Euros.

Los Blancos' "other income" increased from 6.85 million Euros in 2022-2023 to 82.99 million Euros in 2023-2024. The club said that this is mainly due to 30-year packages purchased by VIP customers, this will not be a periodic source of revenue.

Real Madrid will hold a meeting of members on November 24, in which the club's financial situation will be further discussed.

VIỆT HÙNG
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