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  1. Paid-off-Ref

    Where do Real Madrid get their money?

    Thanks for the heads up Byrone. I used numbers and data to support my argument and I stand by it. Sorry if it didn't match your preconceived ideas whatever they might be. If you don't agree with what I just said, then how about supplying somekind of evidence/sources/data on your own. I'd be...
  2. Paid-off-Ref

    Where do Real Madrid get their money?

    No, the money that is generated by the club itself counts. That's why Man City and Chelsea are not the biggest clubs in the world because someone else is paying their expenses. Madrid became the powerful global brand that it is today during this decade. Sure before they had fans all over the...
  3. Paid-off-Ref

    Where do Real Madrid get their money?

    If people took their time and looked at the Deloitte Football Money League reports after each season they would probably understand this. Madrid became the biggest club in the world in the year 2005. Before that Man Utd was the biggest club in football, often (not always) followed by Juventus...
  4. Paid-off-Ref

    Where do Real Madrid get their money?

    Show me one stat of the estimated amount of fans from 1990-2000 that shows that Real Madrid was the most popular club in the world at sometime during that time. Or go back and look at the earliest Deloitte rich list reports and show me that Real Madrid was bigger than all the clubs I mentioned...
  5. Paid-off-Ref

    Where do Real Madrid get their money?

    I wonder why other clubs don't follow Madrid's example. For example, Milan has been a very popular club everywhere because of their Champions League success in recent years and their entertaining way of playing. Still, they did nothing to capitalize on that. Kaka could have brought in lots of...
  6. Paid-off-Ref

    Where do Real Madrid get their money?

    The point of a company is to maximize the shareholder's value. Sometimes it means not profiting for a while. A good example of this is a football club. If a club decided to put up a pay roof, it will certainly improve the income statement in the short term. But in the long term the club loses...
  7. Paid-off-Ref

    Where do Real Madrid get their money?

    Clubs usually have a very low profit margin. You can prove me wrong by showing me an annual report that shows otherwise. Football clubs are strange companies as they don't only value financial success but also success on the field. Often success on the field is even more important to them. I...
  8. Paid-off-Ref

    Where do Real Madrid get their money?

    They probably will. But the question isn't silly at all. The only thing I like more than football is probably finance, and from a finance point of view it will be interesting to see how/if they will be able to pull this off. The amount they will spend on players this summer is probably around...
  9. Paid-off-Ref

    Where do Real Madrid get their money?

    Yeah sure, maybe in Area 51...
  10. Paid-off-Ref

    Where do Real Madrid get their money?

    Perez being worth $1.8 billion doesn't mean anything. Probably the biggest part of that is the value of his shares in his construction company. Even if he was a sugerdaddy, he'd be a pretty weak one. I also doubt he's the one loaning Madrid. You'd have heard news of him selling shares or other...
  11. Paid-off-Ref

    Where do Real Madrid get their money?

    Hey, I'm studying economics and accounting and am about to graduate. Real Madrid's transfer campaign so far has really left me scratching my head. Where do they get their money? First of all, football clubs are not profitable at all. Most clubs, for example Juventus, do not make a profit...