Spanish giants Real Madrid today claimed world-beating revenue for the sports world in 2010/11.
Real, which is leading the first division early in the new season, said sales shot up 8.6% to €480.2m in the year to June 30.
"It is the biggest sum of any sporting institution in the world," the club said. Net profit surged 31.7% to €31.6m.
The club said it also managed to trim its heavy debt load. Net debt fell 30.6% in the year but was still high at €169.7m as of June 30, it said.
Real Madrid rakes in money from the stadium, television rights, marketing, membership fees and sales of players. But the huge sums that Real Madrid and archrival Barcelona claw in from the sale of television rights has sparked a backlash from other less fortunate clubs in the Spanish league.
Real Madrid and Barcelona receive about €140m a year each from television rights, while small clubs such as Levante, Malaga or Real Sociedad get just €12m.
