Categories: Sports

“The Telegraph” states that Real Madrid hid 122 million euros of expenses

Author: DAVID RAWCLIFFE | EFE

According to his report, the Spanish club refused to explain why 20% of its expenses were not included in the results of the last financial year.

British newspapers The Telegraph published a research report stating that Real Madrid He refused to explain why 20% of his expenses (122 million euros) were not included in the results of the white club’s last financial year, published in October 2022. This lack of clarity, the article explains, “raises doubts about compliance with the rules fair play financial” to which all clubs are subject. The newspaper announces that Madrid allocated 135 million euros to the category of other operating expenses, of which 122 million do not have a clear explanation.

This section grew exponentially from 2017 to 2022, as stated in a study conducted by The Telegrapheven during the decline in income in the pandemic years.

Source: La Vozde Galicia

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