Categories: Football

133 million of record budget and 4.5 of losses due to Covid

La Real will present to its Shareholders’ Meeting on December 14 a record budget for the 21/22 season of 133,686,145 million which will throw a profit of 2,451,038 million thanks to 136,137,183 million that the entity txuri urdin plans to enter throughout the next campaign. Although the president Some Aperribay wanted to clarify that within these global figures there are items that, in some way, are imposed such as transfers of Willian José to Betis O Sorloth which, in net terms, would significantly lower these figures, the Board must approve within a little less than a month the most outstanding numbers in the club’s history. Aperribay, in addition, he advanced that they already have three hypotheses of what the budget for the season 22/23 will be, also positive, which, in some way, comes to suppose that the entity of Anoeta begins to leave behind two exercises in which the Covid has had a decisive impact on the entity’s accounts.

La Real, in fact, will present to the Board some 20/21 accounts with 4,598,501 million losses that are directly attributable to the Covid effect. In fact, the counselor Nerea Aramburu, in the press conference in which the Council has detailed the numbers of the next Board, stated that 17 million euros in revenue loss due to the effect of the pandemic, which was also offset by a reduction of just over 12 million in expenses, which has left last year’s losses in more than 4.5 million, in which the money that Iconiq was no longer paid for sponsorship, although the main items that were no longer entered were those corresponding to subscribers (9 million), ticketing (4.5), retransmission rights (2.3) or some other sponsorship contract that was left unfulfilled.

In the chapter of the 133.686.145 million of expenses of the next season, the main item returns to correspond to the expenses of the professional team, about 67 million that represent 50% of the investment, as well as the 17 million amortizations that all the signings that are in the template. The rest of the club’s expenses takes 37% of those slightly more than 133 million. On the other side of the scale, that of income, television rights will support a large part of the more than 136 million since the Real plans to enter 72 million for this concept, 53%, while the rest of income will be 43%.

Jokin Aperribay has valued these numbers very positively “seeing how the pandemic has affected”. Although he admitted that they have “suffered a lot from the point of view of the treasury, if we look at the sporting results, with a fifth place, a sixth place, a Cup final, the subsidiary in Second, the rise of C, I think we have known combine sporting results with economic ones ”. The president stressed that when only a few years ago there was talk of bankruptcy, the Real now has a “net worth of 77 million” and that he feels that “it is a strong club compared to other clubs in terms of its number of members, the soccer field and a first team that does not know its limits in the competition ”.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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