The Madrid does not escape of the crisis: his debt rises to the 901 millions

The pandemia of the coronavirus has struck with strength to the big clubs of Europe and the Real Madrid has not been the exception. While the Monday revealed that the total debt of the FC Barcelona surpassed the one thousand one hundred million euros, this Tuesday has touched him to the picture of the Spanish capital 'destapar' his debts, that rise to the 901 'kilos'. A situation that, definitely, leaves to both entities in situations more than delicate.

The closing of the stadiums, reduction of income by television rights and sponsorships, in addition to the difficulty to concretise sales in the market of signings, have been conditionings so that teams like the Barça or Madrid are living an economic crisis extremely delicate that has increased, in great quantity, his debts to short and long term.

In the concrete case of the Real Madrid, his debt shot in the previous exercise to consequence, of course, of the coronavirus. The economic report of the club merengue reveals that, in the closing of the season 2019-2020, the gross debt of the club was of 901 million euros and the net of 355 'kilos'. Of this, 241 would be without having the reform of the stadium of the team, Santiago Bernabéu, whose net debt is of 114 millions. In this sense, according to the report, the debt in the short term is of 10 millions and 230 on a long-term basis, explaining the 125 'kilos' that the White House has in tesorería.

In breakdown, the White House has a debt of 204 millions by concept of "creditors by acquisition of players and repurchase of rights" and owe him other 91 at a rate of "debtors by traspasos of players". Of these 204, the club did an anticipate of 48 'kilos' on a long-term basis.

The reason by which increased the debt

The increase of 155 millions regarding the previous exercise corresponds with four loans subscribed during the months of April and May of 2020 by the Real Madrid, with term of five years of vencimientos. Other 50 millions correspond to a policy of credit, that wins in three years. Said credits were subscribed with five banking entities independent, with the guarantee of the State through the Institute of Official Credit (ICO).

On the other hand, the investment of the club of Concha Spine in the remodeling of the Bernabéu rose to 113.7 millions and already the Madrid made the first disposal of the loan by amount of 100 millions. Before, in 2015, the club had closed a loan of 575.000.000 to thirty years with a fixed interest of 2,5% to carry out the remodeling of the enclosure madridista.