Florentino scandal! Madrid would have refused to declare more than 120 'kilos' in expenses

A recent investigation made by 'The Telegraph' aims that the Real Madrid would have hid part of his costs and also would have earned of wrong form some payments that would have to have formed part of the debt that sustains at present the entity madridista. The information of the British newspaper also sustains that they could confirm that the white club would have moved 135 million euros of the costs -some of them in signings- in a subcategory "other costs of exploitation".

Of this way the institution led by Florentino Pérez attained to situate until 122 million euros in the last economic exercise inside a concept of alternative costs that the same Madrid has not wanted to explain. In fact, the club merengue has not answered to the questions done by the half British, that has taken for granted that the practice has been is a form of esquivar the rule of the financial control.

Florentino has been working of a way something wrong

Besides, the information puts in doubt that have fulfilled of correct way the 'fair play' financial of the UEFA and LaLiga, allowing so the merengues can face signings and wages of way simpler that the rest of clubs. Everything thanks to that these costs separated could be related "totally or partially" with amortizaciones of a previous agreement with a North American financial group, of the cual does some years the Madrid earned a lot money with the sale of future income of marketing.

The first agreement, signed in the exercise 2017/18, went with the group of private capital Providence, that expanded in economic value and length in the time, being confirmed in season 2019/20 a new enlargement, but that did not include inside the correct section. Of this way the Madrid concentrated this money that received like income, although his place would have to have been the one of the debt.

The Madrid also has had to take out benefit of the 'crowbars'

'The Telegraph' Underlines finally that although the Real Madrid ensures to find in a solid financial position, in the last years only has been supported by difficulties in gains. It has done it partly through the sale of players, his agreement of finance with the company Providence and, more recently, the sale of 360 million euros of future rights. This translates in some 'crowbars' financial with the agreement of finance of 800 million euros for the Bernabéu, recently renewed is an additional cost, with payments delivered in 25 years until 2049.