Famous Spanish soccer club Real Madrid managed to claim the world record revenues for the field of sports in 2010-11 amounting to 480.2 million euros (663 million U.S. dollars), Friday (16 / 9).
"This is the largest number of any institution in the world of sport," said a club statement on his official website.
The club said that managed to cut the heavy debt burden. Net debt fell a sharp 30.6 percent in that year but still high at 169.7 million euros as at 30 June, he said. Real Madrid scratching money from the stadium, the television broadcasting rights, marketing, membership fees and selling players.
Real sharply reduce spending on players this summer compared to summer 2009 when it spent more than two million euros for Kaka and Cristiano Ronaldo. Madrid's mainly recruited from Benefica Coentrao worth 30 million euros and 10 million euros to make bets on the future of young players Varane 18 years of the Lens.
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