Real Madrid lose huge amount due to the cancellation of the Clásico

Real Madrid lose huge amount due to the cancellation of the Clásico

The Spanish newspaper AS revealed the financial losses to Real Madrid due to the cancellation of the International Champions Cup, which was scheduled to be held before the start of next season.

It was officially announced on Friday that the International Champions Cup, which is attended by the strongest teams in Europe every year, led by Real Madrid, is canceled because there is no time to fight it in the light of the delay of the current season due to the coronavirus crisis.

The newspaper explained in its report that Real Madrid suffered heavy financial losses, which depends not only on the rights of television broadcasts, the proceeds of the sale of tickets and sponsorship contracts, but will also extend to the cancellation of the preparatory tour in the United States of America, from which the club makes significant profits before each season.

15 million euros will not enter the coffers of Real Madrid

The report added that Real Madrid will make up to 15 million euros because of the cancellation of the International Champions Cup in America, which is used to play, a very large sum that will inevitably affect the club's budget.

The royal club would have made a big profit from this tournament, particularly from the Clásico match against the traditional rival Barcelona, which was scheduled to take place at the beginning of August in Miami.

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