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Madrid wages reach record
Real Madrid’s wage bill has risen to €707 million this season—the highest in the club’s history—following summer signings and contract renewals for key players. The figure is approaching Paris Saint-Germain’s record. Wages account for 57% of the club’s turnover and 50% of its revenue, within UEFA limits. Real Madrid expects record revenue of €1.405 billion and a profit of around €14 million. Its revenue forecast includes €420 million from the Santiago Bernabéu and €155 million from player sales. Club members are due to approve the accounts at the general assembly next Saturday.
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