Categories: Football

The virus threatens 195 million of Real Madrid's cash

The health crisis is causing an economic tsunami that has reached football. The return of the public to the stadiums is delayed and this affects the biggest clubs more, including Real Madrid, which estimates a 195 million cut in their income if the fans cannot return to the Bernabéu throughout the season, which is certain unless a coronavirus vaccine or treatment appears soon.

Real Madrid has three main income niches: television, sponsorships and the stadium. Its budget is 822 million euros, of which approximately 625 correspond to the first two items. Due to the absence of public in Chamartín, almost 200 are stopped entering. Despite this, and Thanks to its crisis plan and the economic cuts in the squad of players and employees, Real Madrid will present a surplus of 318,000 euros on accounts already closed for the 2019-20 season. A management success in the most difficult season that professional football has had to experience due to the economic crisis derived from the coronavirus.

The professional staff has contributed almost 50 million, which are what players will cease to enter by giving up ten percent of their salary and last season's bonuses, that suppose another 25 million. Another important amount is the amount that the club has saved in the salary of the top executives. To both items must be added the management of sales and transfers, which in the current market is giving spectacular results. Specifically, Real Madrid has entered 100.2 million euros in operations of players raised in the Valdebebas quarry.

The situation is the same or worse in the rest of the big European clubs. The small ones resist better because with the television revenues they can practically pay the salaries of their players, but the more structured ones are not enough only with this and they need the fees of their partners, the sale of tickets and the added marketing, which it does not come with the stadiums closed. In England, in which he is supposed to be the all-powerful Premier, of the 20 teams there are six that are already practically ruined and 14 in a very bad position. In Spain Madrid resists, Atleti has a worse time and Barça is in a compromised situation. And up.

Specifically, the Real Madrid has entered (or will enter, when the time for payments comes) 100.2 million euros in transfers of players raised in the Valdebebas quarry.

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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