Real Madrid has been named the world's richest football club for the eighth straight year, and become the first sports club to cross €500m in annual revenues.
The Spanish club generated revenues of €512.6m (£431.5m, $683.4m) in 2011/2012, up 7 percent from the previous year, according to business advisory firm Deloitte's latest edition of the Football Money League.
"It is an impressive achievement for Real Madrid to have surpassed €500m in revenue in a single year," Dan Jones, partner in the... (Continue Reading)
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