Thursday, February 17, 2011

Real Madrid becomes highest earning sports team ever

For the sixth consecutive year, Real Madrid tops the Deloitte Football Money League, and in doing so, became the highest earning sports team ever, reports Business Insider. Despite not winning any trophies, the club's earnings jumped from $541 million for the 2008/09 season to $592 million for the 2009/10 season, enabling them to continue funding Cristiano Ronaldo's most extravagant purchases.

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