Real Madrid post record revenue of £480m... the world's biggest football club turnover for 10th year in a row
- Real Madrid have posted biggest club revenue for 10th consecutive year
- Revenue for 2013/14 was £480m while profits rose 4.4 per cent to £30.5m
- Despite selling Angel di Maria to Manchester United, Real have signed the likes of James Rodriguez, Toni Kroos and Keylor Navas
Real Madrid's results for the 2013/14 financial year have shown record revenues of £480million.
The European champions published their financial report on their website, with their return having grown by 10.9 per cent with respect to the previous financial year.
The club's net profit also increased by 4.4 per cent to £30.5million while Real's debt shrunk by 21 per cent and stands at £56.8million.
VIDEO Scroll down to see Real Madrid's kit room looking like a fantasy football team
Money makers: Cristiano Ronaldo (R) celebrates scoring as Real Madrid complete 'la decima'
Why did I have to go? The £60m sale of Angel di Maria to Man United will help balance books at the Bernabeu
'We are extremely satisfied with the financial stability of the club which gives us institutional balance and sporting success,' club president Florentino Perez said at a press conference at the Bernabeu.
'For the 10th consecutive year we will be the club with the biggest revenue in the world.
'We have ended the financial year with a revenue of 603,9 million euros.'
Big boss: Real president Florentino Perez, signing Javier Hernandez, was 'satisfied with the club's stability'
Galacticos Mk II: Real have signed global superstars like £60m James Rodriguez (R) this summer
The financial report still has to be approved by the club's board of directors, which will hold a general assembly on September 21.
This summer, Real have spent 122.5million euros in the transfer market having brought James Rodriguez, Toni Kroos and Keylor Navas on permanent deals while Javier Hernandez joined the Spanish outfit on a season-long loan from Manchester United.
However, that figure is almost balanced out by the 114million euros received for Angel di Maria, Xabi Alonso, Alvaro Morata, Casemiro and Diego Lopez.
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