Madrid denounces that major European clubs are in loss

The president of Real Madrid, Florentino Pérezdenounced that the team must compete with all the big ones European clubs which we find in lossesin some huge cases, with the sole exception of Bayern Munich. A situation which distorts the competition since there are no level playing field: these clubs can invest much more in signatures without being penalized for it.

This was what Pérez said during the Ordinary and Extraordinary General Assembly of Real Madrid held this Saturday. As shown in the attached table – prepared by Real Madrid – all major European clubs accumulate losses between the 2019-20 and 2022-23 seasons, with the exception of Madrid itself, Bayern and Real Madrid . Manchester Cityalthough in this case it is due to the falsification of their accounts for which imminent sanction from the Premier League is expected.

The bulk of the losses came, as expected, from Paris Saint-Germain (PSG)with 829 million euros in red figures in total over these four years. Something which can be explained by its enormous transfer expenses both players and coaches, an expense which has so far only served to dominate the French national competition, but not to conquer a European championship. At least we didn’t discover that the owners of PSG (Qatar) falsify the club’s accounts.

The losses accumulated over the period by teams like Juventus (675 million), the Inter Milan (573 million), the Chelsea (373 million), the Milan (351 million), the Tottenham (326 million) and the Manchester United (300 million). Juventus and United also added new major losses last season (2023-24): 199 and 132 million, respectively. Most clubs have not yet published their accounts for the past year.

The rest of the main European teams have losses below 300 million and in some cases they have returned to benefits during the 2022-23 season and keep them during the 23-24 season. These are the cases of Borussia Dortmund, who earned 10 million two years ago and 44 million last year, and Milan, who made 6 and 4 million in profits in those years, respectively.

Barcelona and Atlético

At the national level, the situation of inequalities is similar, since both Barcelona like him Atletico Madrid They also accumulate significant losses between 2019 and 2023.

In the first case, the red figures reach 176 million despite the surprising profits of 98 million in the 2021-22 season and 304 million in 2022-23, which can be explained by a benefit from extraordinary operations of 1,074 million and is therefore not recurring. This explains the return to losses of 91 million last season.

In the case of the family club Gil and the funds Ares And Quantum Pacificthe loss accumulated over the period is 140 million, without having managed to earn money during any of the four seasons analyzed.

Madrid and Bayern

The only clubs that play in Europe with healthy finances are Real Madrid and Bayern Munich. The current European champion accumulated a profit of 26 million between 2019 and 2023, and even avoided losses in the year of the pandemic. Last season he had black numbers again, with a profit of 16 million.

As for the Bavarian team, it has also been able to earn money during all seasons and wins the prize for profits in Europe with 60 million accumulated over the period.