Florentino Perez insists Real Madrid will not go into debt after their summer spending spree.
Real chief insists club can make money on Kaka & Ronaldo deals
Real Madrid president Florentino Perez insists that the club will not go into debt after the signing of Kaka and the imminent arrival of Cristiano Ronaldo.
Perez went as far as to say that the transfers would actually generate Real more money in the long-term.
Even for the man who masterminded the deals to bring Luis Figo and Zinedine Zidane to the Bernabeu in his first spell as president, this past week has been nothing short of sensational for Perez and Real.
After shelling out £56million to AC Milan for Kaka on Monday, Real are now close to signing Ronaldo for a whopping £80million after Manchester United accepted their offer on Thursday.
However, the large sums of money involved in both deals - with Real also reportedly set to sign David Villa this summer - has people questioning where Real are getting the funds.
Perez insists that all the money would be coming from within the club, as he highlighted how he believed the deals could increase the club's revenue.
"On the contrary, we think we can improve our accounts by aiming for three goals," he told La Gazzetta dello Sport
"Increasing ticket sales, increasing bank loans and increasing the club's economic value.
"(The money) is exclusively the club's not mine.
"Real Madrid take about €400million a year, the fruit of three sources of income - a third from ticket sales, a third from television rights and a third from merchandising."