Real Madrid Sells Internet Right for Laudable €500 million.
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Real Madrid FC’s President, Florentino Perez |
to sell their internet rights, it said to be an astounding €500 million deal.
has sealed an agreement in standard with the American fund Providence Equity
Partners by which Real Madrid would sell their internet image rights for the
next ten years in the amount of €500 million.
said to be the Perez
motivation for making this big deal. Perez has been desperate to improve the
club’s finances as part of re-election campaign which will take place at the
end of the season.
popularity which receives four times the traffic enjoyed by Barcelona. And, even
more than that of Manchester United.
revenue without having to deal with bank debt here and there.
MLS internet image rights and are again in negotiation with Real Madrid for
another one.
club in the world.