As featured on NewsNow: Football news

The Real Madrid cash machine continues to deliver

Real Madrid have announced healthy financial figures for 2012/13, including a 1.3 per cent increase in turnover which makes the club surpass the 500million euros revenue barrier for the second consecutive year. The Spanish giant's revenue totalled 520.9million euros (£438.5m) with a net profit of 36.9million euros (£31.1m), while the club's net debt was down 27.4 per cent - all despite the team's failure to land a major trophy last term.

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