Real Madrid, the Spanish soccer champions, announced that its profits at the end of the 2021-2022 financial year amounted to 13 million euros ($13.19 million) while the impact of the Covid-19 pandemic on revenue continues.
The Royal Club added in a statement that it continued to make profits throughout the three years that were affected by the spread of the Corona virus.
In the 2021-2022 season, Real won the Champions League for the 14th time, consolidating its unprecedented record, as well as the League title and the Local Super Cup.
The club's statement also said that its net debt, which does not include the stadium development project, amounted to 263 million euros on June 30, 2022.