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Atletico Madrid's debt reaches almost 1 Billion Euros

Mon 23 November 2020 | 20:28

Atletico Madrid has reached a new significant level of debts as per Goal.com/es, which reports the amount at the club is currently remains at €999m.

The report professes to have approached official club archives which show the budgetary data as recorded at the end of the 2019/20 campaign, with the figure ascending from an announced €980m throughout the season. 

It is likewise said by the report that the club's revenue was down €32m to a net income of €325.3m while the club acquired €100.5m through the profits of tournaments, which is a figure supposed to be down around €7m from the past season. 

Los Rojiblancos

 were knocked out of the Champions League quarter-finals by

RB Leipzig

– having importantly taken out

Liverpool

in the Round 16 – while they were incredibly thrashed in the Copa del Rey Round of 32 against Cultural y Leonesa of the third league while completing third in

La Liga

.


source: SportMob