Founded in 1902 as ‘Madrid Football Club’ and now one of the Richest club in the world known as Real Madrid. The word Real which is a Spanish word that means Royal and the club is truly royal as the players here are highly paid and mostly valued to the club like an Asset. It was under Florentino Pérez’s first presidency since 2000 that Real Madrid began its ambitious journey of becoming the world’s richest professional football club.
The World’s Richest Club
By September 2007, Real Madrid was considered the most valuable football brand in Europe by BBDO. In 2008, it was ranked the second-most valuable club in football, with a value of €951 million only behind Manchester United, which was valued at €1.333 billion. As a major turn of fortunes, Los Blancos took the world’s richest club crown away from Manchester United in 2010 making its highest turnover worldwide.
The richest club according to both Forbes and French sports money magazine Deloitte, The reason has always been that the Club serves the players at its best, even back since 2002 when they had the world’s most expensive players such as Zinedine Zidane, Luís Figo, Ronaldo and David Beckham. Who were highly paid Footballers back then and even now in 2016 they have Highly paid Footballers like Cristiano Ronaldo, Gareth Bale, and Toni Kroos.
The Worlds Highest Paid Footballer
Yes you have heard it right Cristiano Ronaldo is not only Madrid’s highest paid player but also world’s highest paid footballer earning a massive £288,000 a week which is after tax which means he cost around £575,000 a week to Real Madrid if we count the tax Real Madrid has to pay on his salary which is around 52% in Spain.
Gareth Bale also signed a 6 year deal with Real Madrid couple of years ago and his salary is around £250,000 a week but that is before tax.
Only Ronaldo and Messi are the 2 footballers that have after tax salary contracts with their respective clubs. Here is the full squad of Real Madrid, their salaries, and contract expire dates.
Real Madrid Player Salaries 2016-17
|PLAYER||AGE||WEEKLY WAGE||CONTRACT LEFT|
|Keylor Navas||29||£55,000||4 Years (2020)|
|Kiko Casilla||29||£25,000||4 Years (2020)|
|Sergio Ramos||30||£160,000||4 Years (2020)|
|Raphaël Varane||23||£80,000||4 Years (2020)|
|Pepe||33||£110,000||1 Year (2017)|
|Nacho Fernández||26||£60,000||4 Years (2020)|
|Marcelo||28||£80,000||4 Years (2020)|
|Fábio Coentrão||28||£80,000||3 Years (2019)|
|Daniel Carvajal||23||£35,000||4 Years (2020)|
|Danilo||24||£60,000||5 Years (2021)|
|Mateo Kovacic||22||£60,000||5 Years (2021)|
|Casemiro||24||£45,000||1 Years (2017)|
|Toni Kroos||26||£156,000||4 Years (2020)|
|Luka Modric||30||£120,000||2 Years (2018)|
|James Rodríguez||25||£120,000||4 Years (2020)|
|Isco||24||£60,000||2 Years (2018)|
|Marco Asensio||20||£10,000||4 Years (2020)|
|Cristiano Ronaldo||31||£288,000 (After Tax)||2 Years (2018)|
|Álvaro Morata||23||£80,000||5 Years (2021)|
|Mariano Díaz||23||£5,000||5 Years (2021)|
|Gareth Bale||27||£256,000||3 Years (2019)|
|Karim Benzema||28||£150,000||3 Years (2019)|
|Lucas Vázquez (new)||25||£30,000||4 Years (2020)|