Live Bar, September 22, according to 2PlayBook reports, the loss of Real Madrid basketball club in the past four seasons totaled 0.10284 billion euros.
Last season, Real Madrid’s budget for players and staff increased to 41 million euros, an increase of 10.24 million euros over the 2020-21 season. But in the end, Real Madrid ended the season with a loss of 31.1 million euros, which was the biggest loss in the team’s history. 12.21 million euros more than the 2020-21 season.
Since the 2017-18 season, Real Madrid has been reducing their budget. But last season, the budget suddenly soared to 50.82 million euros.
According to reports, Real Madrid plans to lay off 22 percent in the 2022-23 season. They also expect the income to be 18 million euros and the loss will be as high as 23.6 million euros.
(Stan)