Members and representatives were notified by Real Madrid that President Florentino Perez will be conducting their general assembly on November 24th of this month. The good news for Los Blancos is that they have turned a €16 million profit. Compared to €12 million the previous year, it represents a €54 million rise in turnover, from €1.073 billion to €1.127 billion, according to Marca. With the improvements to the Santiago Bernabeu not included, their cash balance dropped from €128 million to €82 million, and they paid €277.1 million in taxes. This season, they have reduced their payroll expenditure from €504 million to €482 million, and Los Blancos have paid out €40 million in incentives due to their Liga and Champions League double. On the other hand, their prize money grew from the €108 million projected to €150 million.
Their marketing department rose from €340 million to €426 million, which was the largest contributor to their increasing turnover. Many people have commended Perez for his recent financial efforts and for turning Real Madrid around. Though these are cited as essential components of their economic strategy, there are issues with their parking plans and their intention to hold concerts at the Santiago Bernabeu after renovations. Legal issues are now stopping both initiatives.
An hour later, Deschamps explains why Mbappe was left out of the France team for the second consecutive time
After missing out on a second consecutive France squad, Kylian Mbappe, a striker for Real Madrid, will now have more attention focused on his form.
He is already going through a difficult time. The first time was because of a purported injury that was questioned, but this time, manager Didier Deschamps seems to have made the choice independently.
Despite missing their most recent two Nations League games in October due to a rumored thigh injury, Mbappe was reportedly working on his fitness to return to his peak. After speaking with the celebrity, Didier Deschamps informed Relevo that he made the choice.
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