Despite 2018/19 being a disaster on the pitch, behind the scenes, the club has had another successful financial year. Reporting profit growth, no debt and maximum solvency.
The club released an official statement confirming that there has been financial growth this year. The statement reported a growth of 23.1%. This comes despite there being little movement in revenue games, although, this is the second highest reported profit figure in the past two decades.
Not only did the club show growth in the way of profit, they also saw the net worth of the club increase during the 18/19 financial year too. The report confirmed a €38.3 million increase in the total net worth, rising from €494.5 last year to €528.3 million this year.
In what can be seen as even more impressive, the club now has seen a significant fall in its net debt. The figure stood at €107m before falling to €70.9 million with the new figure this year falling to €27.1 million. This is quite impressive considering that the club had quite the campaign to forget on the pitch.
The club ended the 18/19 financial year with a total income of €757.3 million, this is without the total amount of money bought in from player sales. This, coupled with the fact the club has zero debt for the financial year means that Real will go into the next season with a whopping €822 million budget.
Considering that the club is undergoing a transitional period, such a huge budget will allow for Zinedine Zidane to really have his pick of talent when it comes to bringing in new players. The club already welcomed exciting talents like Ferland Mendy, Eder Militao and Luka Jovic alongside the already established Eden Hazard. Considering that Real have been linked with the likes of Paul Pogba and Kylian Mbappé, it seems feasible that some big names will be making their way to the Bernabéu next summer.