Real Madrid lost more than €100 million over 4 years / News - Basketnews.com

Real Madrid had €102.84 million combined losses for the last four seasons.

Credit: Aitor Arrizabalaga/Euroleague Basketball via Getty Images Credit Aitor Arrizabalaga/Euroleague Basketball via Getty Images

Real Madrid failed to meet the budget for the 2021-22 season.

2PlayBook reports that Royal club's budget for players and staff members rose to €41.0 million this past season, and it was €10.24 million more than in 2020-21.

Real closed the last season with €31.1 million in losses, the largest amount in the team's history. It was €12.21 million more than the previous season.

2018-19, 2019-20, 2020-21, and 2021-22 losses combine for €102.84 million.

Since the 2017-18 season, Real has been shrinking their basketball section budget. However, this past campaign it shot up to €50.82 million.

Bonuses, contract termination with Pablo Laso, and Gabriel Deck's signing were the main reasons behind such numbers.

Real Madrid reportedly plan to have a 22% cut in payroll for the 2022-23 season. They also expect an income of €18.0 million and losses up to €23.6 million.

Financial situation (€ million):

Season Losses Salaries Income Total cost 2018-19 26.47 31.4 16.0 41.18 2019-20 26.36 32.6 14.5 39.73 2020-21 18.9 31.14 11.5 41.5 2021-22 31.11 41.38 17.29 50.82 Like what we are doing? Support us by becoming BN+ member.