Along with Barcelona, they've enjoyed state sponsorship forever and a day. They are both called 'sporting clubs' which means their tax is the same as 'not for profit organisations' or charities. This was confirmed by the Spanish government in 1990, when they were not forced to become public companies but stay as socios or clubs run by their members. Going back to 2013, the Spanish government stated that Spanish football clubs owed £575M in unpaid tax, which was effectively written off. When Madrid were struggling in the 90's the government 'sold' them their new training facility site for about £15M under market value. As for debt, most of it is held by local banks who are not encouraged to chase that debt. Then there is the tv money that they have kept for themselves over the years. When Moyes was at Sociedad, Barca and Madrid got £105M each (just under 20% of the total), whilst Sociedad got £18M. The Spanish sports minister proposed cutting the money in a similar way to the PL but, just as legislation was to be passed, the Spanish government mysteriously changed its mind and that was that.That was in the 1950s
So many people told me he was overated and shite on this forum when he played for Spurs. He ran the show in midfield for us, Madrid got a steal at 32m!
He'd run the show now (he always did though) we would have been champions with him, but I couldn't blame him for leaving. I'm just glad he didn't go to ChelseaMadness man! Go look through that Spurs side he played in ( you'll already be aware ), full of average players but they had Bale and Modric who carried that team together. 100% a steal mate, such an intelligent player. Imagine Modric in your side today!
Yep something like that mate. He soon got adjusted there and they love him. I think people see his stats on fantasy football and assumed he was shite. It wouldn't surprise me if his stats are similar at Madrid tooSenational footballer. Underrated by many.
Wasn't he voted the worst buy in many years just 6 months after being bought by Real? Or something daft like that.
Just goes to show the fickleness/stupidity of some fans.
They have brought through players & still are doing. They also sign big players for big money.
Casemiro and Carvajal were both loaned, or sold with a buy-back clause, before eventually returning to the Bernabeu
When asked why English clubs don’t follow suit,, the World Soccer correspondent on Radio 5 Live gave Unal’s transfer to Villarreal, with an £18m buy-back clause as a recent example.