Published 16:18 IST, February 12th 2020

Real Madrid broke the bank last year on transfers; Chelsea earned the most profit: CIES

Real Madrid's summer transfer spree involved the signings of Luka Jovic, Eden Hazard, Ferland Mendy, Eder Militao, Rodrygo Goes and Reinier Jesus.

Reported by: Minaam Ansari
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CIES Football Observatory has published a report which deals with balance sheets of club. It reveals amount of money that football clubs have spent and earned in past year. It focuses on revenue relating to each player of first team and ranks club according to logarithm.

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Real Mrid revenue: LaLiga side spent €181 million 

Real Mrid spent about €181 million more than ir earnings. Los Blancos’ summer transfer spree involved signings of Luka Jovic, Eden Hazard, Ferland Mendy, Eder Militao, Rodrygo Goes and Reinier Jesus. However, club also earned €149 million through sale of squ players like Marcos Llorente, Keylor Navas, Raul de Tomas, Mateo Kovacic and o Hernandez.

Premier League side Aston Villa are placed second on list of teams who spent more than ir earnings. club spent €172 million, while y earned a mere €3 million. Villa signed 13 players with Brazilian striker Wesley Moraes being most expensive signing at €25 million.

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Also Re | Real Mrid President Florenti Perez heaps praise on Super Copa hero Thibaut Courtois

FC Barcelona revenue: Defending LaLiga Champions incur a deficit of €166 million

Defending LaLiga Champions FC Barcelona incurred a deficit of €166 million, due to signings of Antoine Griezmann, Frenkie de Jong, Neto and Emerson. y earned just €122 million through transfers of Malcom, Andre Gomez, Paco Alcacer, and Denis Suarez.

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Chelsea make most profit according to CIES Football Observatory

Chelsea tops list for clubs who have profited most in past 12 months. Blues mand to pocket a profit of €205 million. That is because y were banned from signing players due to FIFA regulations. y did sign Mateo Kovacic from Real Mrid though.

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Portuguese side Benfica are second on list with €166 million. ir profit is largely attributed to sale of Joao Felix to Atletico Mrid. Meanwhile, AFC Ajax are placed third on list with €137 million in profit. Ajax h sold Frenkie de Jong and Matthijs de Ligt to Barcelona and Juventus respectively.

Also Re | Tired of Barcelona and Real Mrid winning everything: Bilbao's uriz has his say

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16:18 IST, February 12th 2020