MADRID: Real Madrid have won nothing this year yet have consolidated their position as top of the world football financial table by revealing revenue and profit increases for its 2014-15 fiscal year.

In its financial report, Madrid said it generated total revenue of €660.6m ($731.9m), a 9.4pc increase on the previous year’s €603.9m. This includes profits on player sales.

Net profit climbed to €42m, a 9.1pc increase on the previous year’s €38.5m. However, after reporting a 21pc reduction in net financial debt in 2013-14, this rose by 24pc to €95.8m for the year ending June 30, 2015.

Madrid finished runners-up to Barcelona in the Spanish league and were beaten in the Champions League semi-finals by Juventus. The 2013-14 figures followed victory in the Champions League.

In July the club – still world club champions – retained their title as the world’s most valuable sports team in Forbes’ annual study. Madrid secured top spot for the third straight year, despite seeing the valuation fall five per cent to $3.26bn (€2.96bn).

Forbes pointed to Real’s revenue of $746m in 2014, the highest in all sports, but said the valuation had suffered from the euro’s slide against the dollar.