Perez confident wiping record Real Madrid debt

Real Madrid president Florentino Perez insists they have their debts under control.

Real Madrid president Florentino Perez insists they have their debts under control.

Real find themselves €327 million in the red, but Perez maintains that increased merchandising sales with the arrival of Cristiano Ronaldo and Kaka will see that debt slashed by €200 million by June 2010. The Real president is confident raising revenue by 14 per cent compared to last season.

Real's budget for this season - €422 million - is the greatest in their history.

 
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