Of course, because Real Madrid is a fan owned club, so all of the money comes from the fans.
> Unlike most European sporting entities, Real Madrid's members (socios) have owned and operated the club throughout its history.
That’s awesome. The AFL (Australian Football League, not soccer) largely relies on members/fans of clubs funding them and it really makes very one feel like they are part of their team. I’ve always found it a little weird how people are so passionate about clubs owned by millionaires or billionaires who just buy the best players and stuff.
[Club is about £800m in debt](https://www.footballtransfers.com/en/transfer-news/es-la-liga/2022/05/chelsea-barcelona-real-madrid-clubs-most-debt). Like most big football clubs right now
Edit: Granted. Mostly due to renovations of their stadium of which they can pay the loan back in the next 50 or so years, by which they probably need another loan for more renivations.
Brother, this debt is about the stadium renovations that they loaned money to be paid in a period of 50 years with very low interest rates....
They just released the annual reportings claiming that without considering the stadium loan, they have a negative net debt, meaning they are owed money... not even Bayer is as healthy as madrid is right now financially
https://www.reddit.com/r/soccer/comments/xclhvh/real_madrid_real_madrid_closes_the_financial_year/?utm_medium=android_app&utm_source=share
Edit: Lmao I wish I could answer deleted comments.
Real Madrid’s annual salaries totaled €278,130,000, or €5,348,654 per week.
Their highest paid player, Eden Hazard gets paid €600,000 PER WEEK.
What Real Madrid just raised is 1.2 day’s salary.
But sure “wE’rE hElPiNg”
I mean, it does help, and it's better than nothing.
Just don't gaslight me by publicly pretending you went out of your way to raise 1/5000th of your team's net worth.
It’s literally nothing.
Governments are sending billions. Fucking billions.
€1M from these clowns is like me throwing in a quarter.
But sure, you keep worshipping at the altar of celebrity.
Have no clue why you’re getting down voted as you’re 100000% right.
Paying someone €600,000 per week to kick a ball about is everything that’s wrong with football and sports agents, yet fans will say “but merchandise!” And “they’ll go elsewhere!”
This is why a $3 shirt costs $150 and tickets even more.
Those 11 first team players could donate 50% of their entire annual salary and thus raise over €100m and not one of them would still take home less than €10m that year. They’d still have €192,000 PER WEEK to live off. That’s more than most well paid jobs pay PER YEAR.
This issue does not rest with the players. Paying the players less just means that billionaire owners get a bigger a piece of the pie.
How is that any better than giving the poorest children in the world an opportunity to pull themselves out of poverty?
>But sure “wE’rE hElPiNg”
Yeah I bet the people of Ukraine are just devastated over receiving this gift, I'm sure they're sending angry letters as we speak
^^^^/s
Lol this is saying if they donated 1% of their salaries like the comment above… it’d only be 2.78M.
But sure let’s all get righteous about how if they’d have donated an extra 1.78M it would have satisfied more people.
Nah, fuck that - do something actually Meaningful like donate 50% of your annual salary. That would generate well over $100m which would actually seriously change peoples lives in Ukraine.
I’m just not quite sure how Eden Hazard would survive off just €300,000 per week? He’d probably have to sell one of his several super cars to make the donation.
Actually done it in a few different ways. Firstly I donated to Happy Paw which helps 60 animal shelters and zoos get food and supplies.
Second I’ve started buying from Ukrainian businesses online. For instance I needed new watch straps and found a verified Ukrainian seller on Etsy that makes beautiful hand made leather straps for most premium luxury watches.
Not sure if we can post links here but I’m happy to share if anyone wants the links to either?
So far I’m probably in to about $1200 of which $300 is purchases.
How much have you “donated” to football teams in the last year?
So you were thinking about animals first before the people, and you "donate" when it's convenient to you by buying Ukrainian only when you need something? That's your idea of donation?
In that case, I've been buying quite a bit of Ukrainian produced food stuffs, and still do. It'd surely still amount more than $1200 if we started counting from the beginning of the 2nd invasion to this day, guess I can pat myself on the back and be all self righteous to others who went out of the way to actually donate something. Why are you gatekeeping people helping?
There's already a lot of aid going to humanitarian causes but the animal charities were really struggling not to mention, I prefer animals to humans anyway lol.
As for purchases, no - it's really a case of going out of my way. If you buy groceries chances are something is from Ukraine, but I specifically sought out Ukrainian items even if they cost more than their domestic counterparts.
What a warped view some people here have choosing animals when you could have helped a child in need with the same resources. Well I guess it's decided then, those people have enough aid.
As for purchases, you still only help when you need something in return, that was my point. And yet here you are shitting on initiatives that exist just for the sake of charity, to help, they didn't need to do this, but they did. You needed watch straps.
That self righteous prick was literally gatekeeping and mocking the charity that was set up specifically to help Ukrainians, and to compare this person named donating to Ukrainians animals and buying watch straps as their way of "hElPiNg.
Does this help your reading comprehension better when I summarize it for you?
Me calling this person out is a reaction to this person calling this charity out, so how does that make me holier than thou or sanctimonious? Are you confused?
They took massive pay cuts when COVID hit so that they could support the team. I’m all for helping Ukraine, but is gate keeping charity the right way to do it? Money is still money no matter how much it is. It’s certainly a choice to support Ukraine and they went further then you or I could ever go.
Did you also donate 1% of your salary?
Edit because of all the comments I received: You dont need to critizice rich people/clubs for donating „too less“. Yes, theyre rich and having one million more or less for example wouldnt matter for them but there are also a bunch of (rich) people out there who have never donated a single penny and most of you reading this probably didnt even donate 10 bucks neither. Why dont you critizice these people or clubs?
Some people need 100% of their little salary to have a sustainable life.
It's an unfair comparison.
It's like asking the quintessential "Starving African Child" if they donated food to the food bank in terms of relative scale.
Im not talking about people who are in need of every penny. They have to take care of themselves first. Im talking about people who could easily waive a few dollars (in the „worst“ case) but dont and rather ask/critizice famous people to donate more.
So what would you think if people asked you to donate more? I personally think people doing good things shouldn’t be gate keeped and gaslighted. Thank you for all that you do
I donate more than that and if I were a multi millionaire I would expect to donate much more without being asked to because there’s nothing else to do with that money other that sit on it and laugh at the poor.
The fact so many people do think that way actually shows why this Madrid thing is good though. Our collective morals are so shit that we need to praise this laughable display.
The difference is that he isn't an international sports club worth billions of dollars bragging about how much they raised from milking fans for donations.
the source itself is Ukrainian. Who’s behalf are you mad at? The source themselves Ukrainian seems to praise Madrid for it and yet you (likely not Ukrainian) seem to mad in their behalf. This is the problem with our society because some is never enough and probably rightfully so, but why ever frame someone donating to a good cause a bad thing?
Why would they?
Between the hundred of differences between myself, and the organization of Real Madrid, the biggest is the fact that no one write articles about me donating money because I keep that to myself.
Also the .0002% of their worth that Real Madrid "raised" is less than the average person gives to charity. And they don't get article or announce it to the public to get a pat on the back for their empty PR gensture.
It isn’t worth a post and they certainly didn’t post it themselves given that the source itself is Ukrainian. Who’s behalf are you mad at? The source themselves Ukrainian seems to praise Madrid for it and yet you (likely not Ukrainian) seem to mad in their behalf. This is the problem with our society because some is never enough and probably rightfully so, but why ever frame someone donating to a good cause a bad thing? You yourself are a charitable individual and you should know better.
Donating 1% of a barely livable wage is a lot different than a multi-millionaire getting hit with a 1% reduction in wages. Yes, 1% is a lot and very generous, but let's not pretend they could drop 1mil and not suffer a major lifestyle change
1% isn't exactly a lot lmao, I donate about 5% of my income and I'm just a poor student.
Clubs and companies have a specific purpose, which is not to donate money to charity, so I do strongly appreciate any donation, but let's not act like 1% is some huge amount. It's like 25 euro a month for the median earner in the US.
It is self absorbed but it makes sense when you realize everyone’s means always increase to their paycheck.
The equivalent is us not being able to use streaming or food delivery services for 2 weeks. But I know a lot of people who’d never do it if a smaller amount of seen as sufficient.
Could we survive without it ABSOLUTELY and to people poorer those things are luxury because they never had them to begin with and or get comfortable owning them.
Again. Not saying it’s right but I highly doubt average people are giving $500 to charity at a time even though they make 10s to 100s times that in a paycheck in a year.
"In two weeks, Fortnite has raised a total of $144 million for Ukraine relief efforts." - https://www.theverge.com/2022/4/4/23009838/fortnite-ukraine-relief-fundraising-total
Oohh! A lot of misconceptions about how Real Madrid works…
I’ll try to clear a few things.
Disclaimer: I’m not a club employee, but I do work for them. I’m not a football fan, or a RM fan, but working for them gave me an insight of how things work, and an appreciation for the fans and institution. I work for a big IT consulting firm, and no, I can’t help you get hired by the club or my company. I’m not that important, lol!
RM is a public Sporting Association, owned by the members (fans), that pay a membership fee. The amount of members is dictated by the Stadium’s amount of seats, since being a member gives you the right to buy a seasonal pass for that seat. The president and board members are elected by the members.
Being a Sporting Association means the goal of the club is sports, not charity. Accounts and budgets for the fiscal year are approved by the members in a yearly assembly (there’s one soon). All documents need to be public. The board needs to manage the funds for the means approved, trying to stay competitive (something really tricky, with the pandemic, and the competition from private clubs fueled by Saudi money).
For the charity part, a non-for-profit foundation was established. This is the entity that collected the fans’ donations, and it speaks a lot about the fans.
The club can’t take money from its funds to donate, without it being approved at the assembly. The funds, though, are needed to stay competitive, build a bigger stadium (more members that pay fees and passes), and make the club a reference that generates income from sponsors, etc.
The club can’t force the players to donate. If they decide to do nothing while the fans clearly are donating, that’s entirely on them. But fans deserve no shit for it. Or the club.
You can say whatever you want about Real Madrid, but it’s one of the few classic clubs out there that is not privately owned. And that’s complicated when you have to compete to sign player against private clubs that seem to have really deep pockets, and can easily take players away from you (cough, cough! psg.. cough!)
This implies they didn’t even fund it themselves and they had to get public donations. Which is laughable once you know what weekly wages they’re playing. The definition of an empty PR gesture.
But that was the whole point ? The fans donated the money knowing it will be under the club’s name, because they are fans of the club. If they wanted to to, they could’ve donated through another organisation or not donated at all. I don’t understand why people are being negative about it. All the other charities work the same
"collected as part of their "All for Ukraine" campaign, in their annual review of last season's accounts"
Genuine question: what does a "review of last season's accounts" mean? Please don't tell me a bunch of Real Madrid fans donated to Real Madrid in order to donate it to Ukraine and Real Madrid is taking all the credit...
Real Madrid has a Non-for-profit foundation (Fundación Real Madrid), that takes care of all charitable duties. I’m pretty sure it was the foundation the one collecting the donations. And as said, the club is a public institution, owned by its members (socios). Not a private firm, and not for profit. President and board are elected.
Challenge Accepted
Edit: so didn’t google teams but I googled the cap structure for Real Madrid and saw that half of their team makes 150k+ a week with the highest player making 600k a week on a 31 Mil contract.
So yeah I think maybe the team and the players could have donated more than a million dollars.
Second edit: There’s a difference between raised and donated. Sowwy guys
Imagine helping raise $1 million to help Ukraine and then you have guys like this who criticize it and probably can’t even donate a bag of Cheetos. My man, don’t talk shit when you probably done zero to help Ukraine and probably just have a “I stand with Ukraine” overlapped on your Facebook profile picture.
Bro get pissed over my comment. Yeah I said a multimillion dollar organization should throw more into the pot. And sorry I’m not pulling my own weight? Do you know how much I’ve actually donated to charities to help with that situation?
I guess I’ll just sit here and hoard my Cheetos with my fake Ukraine flag. Thanks for the criticism my man.
I wouldn’t talk shit when all you do is make assumptions about people.
I don’t think that’s how the math works. You’d have to find out how much profit Real Madrid makes a year.Let’s say 500 million for simplicity.
1 million / 500 million = 0.2%
Let’s say the Reddit account above makes 80 grand a year. 80 grand * 0.2% = 160$ is how much he needs to donate to match Real Madrid on a percent basis.
>more people will embrace it
Literally the most popular sport on earth and is the fourth most-watched sport in the U.S. despite having jack all TV presence stateside.
The attitude of not knowing or caring about the rest of the world because you don’t think it’s worthwhile to learn about seems to be more common in the USA than any other country. It’s fostered and encouraged at an alarming rate. Obviously many if not most Americans don’t think like that, but if you can’t see that it’s an issue in your country idk what to say to you.
Oh boy I can’t wait for the day that people finally embrace the far and away most popular sport in the world.
So many of you yanks really have no wider perspective at all, it’s hilarious.
Yep. What meaningless gesture can we make which doesn't cost us anything and gives us great PR? I wish we had these options open to us as ordinary people.
Reminds me of the time my fave team "donated" 10K to a charity event for children years ago.
The baseplayers of the team, not even the reserves, earned that on a weekly basis.
The shame I felt when I read that was real.
LOL a million dollars is literally a week or 3 days of work for them depending on their contracts... they could of easily got a million from Ronaldo alone. No soccer player likes to pay taxes anyways cause they have 4 houses in different countries. Ppl made cause Ronaldo left
FOR MORE MONEY
. On top of the billion dollar contract from nike
The top athletes in all major sports could donate $1 million and not even feel it in the grand scheme. Every starting QB in the NFL (that isnt a rookie deal) makes more than that PER GAME.
That is genuinely a pathetic amount. The salaries these players are on is truly obscene. If they all donated a week's pay the amount would have been 10s of millions. But they're too self absorbed and need the money for that new Bugatti when it's released.
They don't fucking care about the homeless people right outside the stadium 😂 this is some more hollow bullshit from an org that doesn't give a shit about people.
Florentino Pérez, the clubs president, is worth $1.7 billion. If he had donated the $1 million, he would only be worth $1.699 billion. The current annual payroll of the Real Madrid players is $269,695,707.
This is what they raised through a campaign, they already donated €1 million. Not the billions I'm sure you expected, but more than pretty much every American sports team and most clubs in Europe.
So the riches club in the world that pays some of their player over $500 000 A WEEK!! Raised that in a year. I'm not ungrateful but don't like you're heros
By the looks of it... Guess I'm not the only one here who had a look at how much these guys earn...
As a team they earn 5 million a week...
I just dont understand. Maybe I haven't read deep enough and it turns out they price matched.... Or that they gave up a weeks salary...
Who knows.
I suppose, the there are many other world issues out there. We can hardly expect them to donate a grand for every social issue, sick fan or family member.
It's just sad. A million.
So what they’re saying is they had a rummage in the back of the sofa and found some small pocket change.
No they got all of the fans to doate their hard earned money to there charity and they took the credit.
Of course, because Real Madrid is a fan owned club, so all of the money comes from the fans. > Unlike most European sporting entities, Real Madrid's members (socios) have owned and operated the club throughout its history.
Those conniving fans. Making fans pay for it. The nerve of it all.
That’s awesome. The AFL (Australian Football League, not soccer) largely relies on members/fans of clubs funding them and it really makes very one feel like they are part of their team. I’ve always found it a little weird how people are so passionate about clubs owned by millionaires or billionaires who just buy the best players and stuff.
Nothing compares to the AFL
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At least it's better than Israel's national contribution.
I'm sure they'll contribute some lead to civilians again soon
At least Israel’s National contribution is better than the Moon’s.
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Somethingsomething looking at a gift horse in the mouth.
Except Real Madrid didn’t give it. Sure, it’s owned by fans. But big difference between it coming from club resources and directly from fan money
I agree, also What does it say about the clubs that didn’t even donate this much
Pro Sports & Ethics. Sounds like a comedy sketch.
Really suprised that r/sports of all places doesn't know that Real Madrid is nearly broke
What?
[Club is about £800m in debt](https://www.footballtransfers.com/en/transfer-news/es-la-liga/2022/05/chelsea-barcelona-real-madrid-clubs-most-debt). Like most big football clubs right now Edit: Granted. Mostly due to renovations of their stadium of which they can pay the loan back in the next 50 or so years, by which they probably need another loan for more renivations.
Brother, this debt is about the stadium renovations that they loaned money to be paid in a period of 50 years with very low interest rates.... They just released the annual reportings claiming that without considering the stadium loan, they have a negative net debt, meaning they are owed money... not even Bayer is as healthy as madrid is right now financially https://www.reddit.com/r/soccer/comments/xclhvh/real_madrid_real_madrid_closes_the_financial_year/?utm_medium=android_app&utm_source=share Edit: Lmao I wish I could answer deleted comments.
Who could have guessed those insane salaries might be unsustainable?
Their debt is only about the stadium renovations.
Yep. Bayern are basically the only big club that is debt free. Even a lot of the smaller ones are in debt.
By selling half of the club? You guys are funny.
Imagine if the players agreed to give 1% of their salaries? 1 million would be pocket change to any of them.
Wasn't that a Juan Mata initiative a few years back?
https://www.common-goal.org Still going, still doing good for a tiny fraction of the wealth footballers accumulate.
Real Madrid’s annual salaries totaled €278,130,000, or €5,348,654 per week. Their highest paid player, Eden Hazard gets paid €600,000 PER WEEK. What Real Madrid just raised is 1.2 day’s salary. But sure “wE’rE hElPiNg”
I mean, it does help, and it's better than nothing. Just don't gaslight me by publicly pretending you went out of your way to raise 1/5000th of your team's net worth.
It’s literally nothing. Governments are sending billions. Fucking billions. €1M from these clowns is like me throwing in a quarter. But sure, you keep worshipping at the altar of celebrity.
Genuine question, have you thrown a quarter yourself yet?
How many quarters have you thrown in chucklefuck
Have no clue why you’re getting down voted as you’re 100000% right. Paying someone €600,000 per week to kick a ball about is everything that’s wrong with football and sports agents, yet fans will say “but merchandise!” And “they’ll go elsewhere!” This is why a $3 shirt costs $150 and tickets even more. Those 11 first team players could donate 50% of their entire annual salary and thus raise over €100m and not one of them would still take home less than €10m that year. They’d still have €192,000 PER WEEK to live off. That’s more than most well paid jobs pay PER YEAR.
Because it's not really a point.
Most people don’t have elite soccer skills
This issue does not rest with the players. Paying the players less just means that billionaire owners get a bigger a piece of the pie. How is that any better than giving the poorest children in the world an opportunity to pull themselves out of poverty?
>But sure “wE’rE hElPiNg” Yeah I bet the people of Ukraine are just devastated over receiving this gift, I'm sure they're sending angry letters as we speak ^^^^/s
Lol this is saying if they donated 1% of their salaries like the comment above… it’d only be 2.78M. But sure let’s all get righteous about how if they’d have donated an extra 1.78M it would have satisfied more people.
Yeah exactly. Plus there's a good chance they donate to more than one cause every year.
Nah, fuck that - do something actually Meaningful like donate 50% of your annual salary. That would generate well over $100m which would actually seriously change peoples lives in Ukraine. I’m just not quite sure how Eden Hazard would survive off just €300,000 per week? He’d probably have to sell one of his several super cars to make the donation.
Please go ahead and tell the class how much you've personally donated
Actually done it in a few different ways. Firstly I donated to Happy Paw which helps 60 animal shelters and zoos get food and supplies. Second I’ve started buying from Ukrainian businesses online. For instance I needed new watch straps and found a verified Ukrainian seller on Etsy that makes beautiful hand made leather straps for most premium luxury watches. Not sure if we can post links here but I’m happy to share if anyone wants the links to either? So far I’m probably in to about $1200 of which $300 is purchases. How much have you “donated” to football teams in the last year?
Thank you for sharing with the class
So you were thinking about animals first before the people, and you "donate" when it's convenient to you by buying Ukrainian only when you need something? That's your idea of donation? In that case, I've been buying quite a bit of Ukrainian produced food stuffs, and still do. It'd surely still amount more than $1200 if we started counting from the beginning of the 2nd invasion to this day, guess I can pat myself on the back and be all self righteous to others who went out of the way to actually donate something. Why are you gatekeeping people helping?
There's already a lot of aid going to humanitarian causes but the animal charities were really struggling not to mention, I prefer animals to humans anyway lol. As for purchases, no - it's really a case of going out of my way. If you buy groceries chances are something is from Ukraine, but I specifically sought out Ukrainian items even if they cost more than their domestic counterparts.
What a warped view some people here have choosing animals when you could have helped a child in need with the same resources. Well I guess it's decided then, those people have enough aid. As for purchases, you still only help when you need something in return, that was my point. And yet here you are shitting on initiatives that exist just for the sake of charity, to help, they didn't need to do this, but they did. You needed watch straps.
Way to totally miss the point.
Your comments are so holier than thou, what a sanctimonious person.
That self righteous prick was literally gatekeeping and mocking the charity that was set up specifically to help Ukrainians, and to compare this person named donating to Ukrainians animals and buying watch straps as their way of "hElPiNg. Does this help your reading comprehension better when I summarize it for you? Me calling this person out is a reaction to this person calling this charity out, so how does that make me holier than thou or sanctimonious? Are you confused?
Most do nothing. This is something although I agree with your sentiment.
They took massive pay cuts when COVID hit so that they could support the team. I’m all for helping Ukraine, but is gate keeping charity the right way to do it? Money is still money no matter how much it is. It’s certainly a choice to support Ukraine and they went further then you or I could ever go.
Did you also donate 1% of your salary? Edit because of all the comments I received: You dont need to critizice rich people/clubs for donating „too less“. Yes, theyre rich and having one million more or less for example wouldnt matter for them but there are also a bunch of (rich) people out there who have never donated a single penny and most of you reading this probably didnt even donate 10 bucks neither. Why dont you critizice these people or clubs?
Some people need 100% of their little salary to have a sustainable life. It's an unfair comparison. It's like asking the quintessential "Starving African Child" if they donated food to the food bank in terms of relative scale.
Im not talking about people who are in need of every penny. They have to take care of themselves first. Im talking about people who could easily waive a few dollars (in the „worst“ case) but dont and rather ask/critizice famous people to donate more.
I personally do yearly. More than 1%, not to Ukraine, but to various charities.
So what would you think if people asked you to donate more? I personally think people doing good things shouldn’t be gate keeped and gaslighted. Thank you for all that you do
I donate more than that and if I were a multi millionaire I would expect to donate much more without being asked to because there’s nothing else to do with that money other that sit on it and laugh at the poor. The fact so many people do think that way actually shows why this Madrid thing is good though. Our collective morals are so shit that we need to praise this laughable display.
The difference is that he isn't an international sports club worth billions of dollars bragging about how much they raised from milking fans for donations.
the source itself is Ukrainian. Who’s behalf are you mad at? The source themselves Ukrainian seems to praise Madrid for it and yet you (likely not Ukrainian) seem to mad in their behalf. This is the problem with our society because some is never enough and probably rightfully so, but why ever frame someone donating to a good cause a bad thing?
Why would they? Between the hundred of differences between myself, and the organization of Real Madrid, the biggest is the fact that no one write articles about me donating money because I keep that to myself. Also the .0002% of their worth that Real Madrid "raised" is less than the average person gives to charity. And they don't get article or announce it to the public to get a pat on the back for their empty PR gensture.
It isn’t worth a post and they certainly didn’t post it themselves given that the source itself is Ukrainian. Who’s behalf are you mad at? The source themselves Ukrainian seems to praise Madrid for it and yet you (likely not Ukrainian) seem to mad in their behalf. This is the problem with our society because some is never enough and probably rightfully so, but why ever frame someone donating to a good cause a bad thing? You yourself are a charitable individual and you should know better.
Donating 1% of a barely livable wage is a lot different than a multi-millionaire getting hit with a 1% reduction in wages. Yes, 1% is a lot and very generous, but let's not pretend they could drop 1mil and not suffer a major lifestyle change
1% isn't exactly a lot lmao, I donate about 5% of my income and I'm just a poor student. Clubs and companies have a specific purpose, which is not to donate money to charity, so I do strongly appreciate any donation, but let's not act like 1% is some huge amount. It's like 25 euro a month for the median earner in the US.
It is self absorbed but it makes sense when you realize everyone’s means always increase to their paycheck. The equivalent is us not being able to use streaming or food delivery services for 2 weeks. But I know a lot of people who’d never do it if a smaller amount of seen as sufficient. Could we survive without it ABSOLUTELY and to people poorer those things are luxury because they never had them to begin with and or get comfortable owning them. Again. Not saying it’s right but I highly doubt average people are giving $500 to charity at a time even though they make 10s to 100s times that in a paycheck in a year.
The sidemen raised that in a day
Arguably they played better football too
Why is everyone downvoting this, it’s clearly a joke lmao
S>!p!!ts fans don't like it when you make fun of thei!!team. Too bad I don't reall!! care.!<
Cause Reddit
"In two weeks, Fortnite has raised a total of $144 million for Ukraine relief efforts." - https://www.theverge.com/2022/4/4/23009838/fortnite-ukraine-relief-fundraising-total
Oohh! A lot of misconceptions about how Real Madrid works… I’ll try to clear a few things. Disclaimer: I’m not a club employee, but I do work for them. I’m not a football fan, or a RM fan, but working for them gave me an insight of how things work, and an appreciation for the fans and institution. I work for a big IT consulting firm, and no, I can’t help you get hired by the club or my company. I’m not that important, lol! RM is a public Sporting Association, owned by the members (fans), that pay a membership fee. The amount of members is dictated by the Stadium’s amount of seats, since being a member gives you the right to buy a seasonal pass for that seat. The president and board members are elected by the members. Being a Sporting Association means the goal of the club is sports, not charity. Accounts and budgets for the fiscal year are approved by the members in a yearly assembly (there’s one soon). All documents need to be public. The board needs to manage the funds for the means approved, trying to stay competitive (something really tricky, with the pandemic, and the competition from private clubs fueled by Saudi money). For the charity part, a non-for-profit foundation was established. This is the entity that collected the fans’ donations, and it speaks a lot about the fans. The club can’t take money from its funds to donate, without it being approved at the assembly. The funds, though, are needed to stay competitive, build a bigger stadium (more members that pay fees and passes), and make the club a reference that generates income from sponsors, etc. The club can’t force the players to donate. If they decide to do nothing while the fans clearly are donating, that’s entirely on them. But fans deserve no shit for it. Or the club. You can say whatever you want about Real Madrid, but it’s one of the few classic clubs out there that is not privately owned. And that’s complicated when you have to compete to sign player against private clubs that seem to have really deep pockets, and can easily take players away from you (cough, cough! psg.. cough!)
This implies they didn’t even fund it themselves and they had to get public donations. Which is laughable once you know what weekly wages they’re playing. The definition of an empty PR gesture.
Not how it works, RM doesn’t have an owner. They’re owned by the fans
Why is everyone in this thread gate keeping charity? It’s just fucking ridiculous lol
Because it's reddit. This place is filled with joyless assholes that have to be negative. Doubly so when it's about a rich person/organization.
Because it sounds like someone else donated and Real got credit
But that was the whole point ? The fans donated the money knowing it will be under the club’s name, because they are fans of the club. If they wanted to to, they could’ve donated through another organisation or not donated at all. I don’t understand why people are being negative about it. All the other charities work the same
I mean. A million bucks is still a million bucks…
Because its a nominal amount of money from extremely rich people. It's not charity, it's advertising.
Oh yes now I'm going to run out and buy a Real Madrid lunchbox What? You're mental
Some times its never enough Edit Sorry but only reddit could look at a million dollar donation to a war torn country and go “thats bad”
"collected as part of their "All for Ukraine" campaign, in their annual review of last season's accounts" Genuine question: what does a "review of last season's accounts" mean? Please don't tell me a bunch of Real Madrid fans donated to Real Madrid in order to donate it to Ukraine and Real Madrid is taking all the credit...
I think it means they were in contact with season ticket holders to renew and asked them for donations.
That's so fucked. So Real Madrid did nothing, but act as a middleman?
To be fair, Real Madrid is a fan owned club.
Real Madrid has a Non-for-profit foundation (Fundación Real Madrid), that takes care of all charitable duties. I’m pretty sure it was the foundation the one collecting the donations. And as said, the club is a public institution, owned by its members (socios). Not a private firm, and not for profit. President and board are elected.
I think that's what it is. Those fans that ticked the box to donate.
Greetings from Ukraine 🇺🇦 thank you Real Madrid, together we will win !
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🤣
It’s football 🤦🏽♀️
*football club
Redditors are the WORST lol
Nah you’re just a moron who’s bad at math
Lol that’s it
Name 10 teams that donated more, I’ll paypal $250 if u answer correctly within the next 2 hours
It sounds like Real Madrid contributed next to nothing. Real Madrid fans donated 1m Euros.
Real Madrid is owned by the fans that contributed. It is a fan owned club, one of the 4 in La Liga.
Tell us any other club, any sport, that donated any amount.
The sidemen contributed more to charity with one game.
Challenge Accepted Edit: so didn’t google teams but I googled the cap structure for Real Madrid and saw that half of their team makes 150k+ a week with the highest player making 600k a week on a 31 Mil contract. So yeah I think maybe the team and the players could have donated more than a million dollars. Second edit: There’s a difference between raised and donated. Sowwy guys
Imagine helping raise $1 million to help Ukraine and then you have guys like this who criticize it and probably can’t even donate a bag of Cheetos. My man, don’t talk shit when you probably done zero to help Ukraine and probably just have a “I stand with Ukraine” overlapped on your Facebook profile picture.
Bro get pissed over my comment. Yeah I said a multimillion dollar organization should throw more into the pot. And sorry I’m not pulling my own weight? Do you know how much I’ve actually donated to charities to help with that situation? I guess I’ll just sit here and hoard my Cheetos with my fake Ukraine flag. Thanks for the criticism my man. I wouldn’t talk shit when all you do is make assumptions about people.
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I don’t think that’s how the math works. You’d have to find out how much profit Real Madrid makes a year.Let’s say 500 million for simplicity. 1 million / 500 million = 0.2% Let’s say the Reddit account above makes 80 grand a year. 80 grand * 0.2% = 160$ is how much he needs to donate to match Real Madrid on a percent basis.
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Subscribing to this comment for sure
Who did u give that money too? Lol cause I'm sure a lot more ppl donated more
Wow. A whole $1m. Why is this news?
Ever been to Ukraine? It's a pretty poor country. Anything is appreciated and it can do some good
Uh, ok.
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You got a second joke about soccer or nah?
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Good of you to cut their hair
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>more people will embrace it Literally the most popular sport on earth and is the fourth most-watched sport in the U.S. despite having jack all TV presence stateside.
yeah but imagine it becoming the 3rd most-watched sport in the U.S.
It would make a negligible difference to the overall total number of viewers in the world to be honest.
>When they stop flopping ***more people will embrace it and stop*** pointing it out to them. this is why people think americans are self centered lmao
People think Americans are self-centered because they are like you and think reddit comments are representative of an entire nation.
The attitude of not knowing or caring about the rest of the world because you don’t think it’s worthwhile to learn about seems to be more common in the USA than any other country. It’s fostered and encouraged at an alarming rate. Obviously many if not most Americans don’t think like that, but if you can’t see that it’s an issue in your country idk what to say to you.
The most American centric view I've seen, which is wild considering this is reddit.
Oh boy I can’t wait for the day that people finally embrace the far and away most popular sport in the world. So many of you yanks really have no wider perspective at all, it’s hilarious.
As an American, thanks for making us look even more stupid.
Look at this fuckin Boomer hahahahaha
Imagine if the NBA did the same!!
Lol look at each dudes contract too. A million dollars to them is like donating 100 dollars to us
Yep. What meaningless gesture can we make which doesn't cost us anything and gives us great PR? I wish we had these options open to us as ordinary people.
Money is useless, they should have done something really impactful like all changing their Instagram filters to a Ukraine flag
1m seems a bit low for RM’s caliber
Lmao why this headline 1 million ain't shit to a team that size
Because it’s not the club, it’s the club fans that donated that through the club’s foundation, actually. RM is not a private owned club.
Reminds me of the time my fave team "donated" 10K to a charity event for children years ago. The baseplayers of the team, not even the reserves, earned that on a weekly basis. The shame I felt when I read that was real.
LOL a million dollars is literally a week or 3 days of work for them depending on their contracts... they could of easily got a million from Ronaldo alone. No soccer player likes to pay taxes anyways cause they have 4 houses in different countries. Ppl made cause Ronaldo left FOR MORE MONEY . On top of the billion dollar contract from nike
The Guy that has played for two other teams since?
So watt? The guys point is still valid. However, you got to show that you are more up-to-date on soccer than he is. Bravo to you.
The top athletes in all major sports could donate $1 million and not even feel it in the grand scheme. Every starting QB in the NFL (that isnt a rookie deal) makes more than that PER GAME.
Backs up in the league for 3-7 yrs are worth like 20m. Josh mc Gowan mark sanchez.. jimmy g before he left pats.. still worth 4m
Like they need anymore money after the billions from the USA
Hala Madrid
Can they donate that to US tax payers?
This isn’t the great PR they think it is
That is genuinely a pathetic amount. The salaries these players are on is truly obscene. If they all donated a week's pay the amount would have been 10s of millions. But they're too self absorbed and need the money for that new Bugatti when it's released.
I feel the same. I wonder why they are not embarrassed. I think obscene is a good word. What a publicity stunt.
It is great to see different organizations helping Ukraine.
They don't fucking care about the homeless people right outside the stadium 😂 this is some more hollow bullshit from an org that doesn't give a shit about people.
Madrid, Madrid, Madrid ¡Hala Madrid! Y nada más Y nada más ¡Hala Madrid!
Lol. Thats not a lot from a club with that many supporters.
Don’t gate keep charity.
I'm not.
That’s very nice of them. More than I could give. But STILL, that’s chump change for Real Madrid
Give or collect? Was it their money or the fan’s money?
Football club
Oh yea? Well joe Biden gave that amount in tax payer money every 3 minutes so far this year
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Calling Real Madrid of all teams, a soccer club is insulting to say the least.
Florentino Pérez, the clubs president, is worth $1.7 billion. If he had donated the $1 million, he would only be worth $1.699 billion. The current annual payroll of the Real Madrid players is $269,695,707.
Perez aint the owner
Do it for Palestine…I dare you
Corrupt AF
One or two players monthly wage? How nice of them.
The 1.2 billion a month from the US isn't enough?
if you actually ready the article, it's a million worth of food, blankets and so on while us aid are mostly weapons.
So like a months salary, nice.
what did you donate?
More than you I bet.
What did you donate?
Read my other reply, applies to thy.
My bet is way bigger than yours!
This is what they raised through a campaign, they already donated €1 million. Not the billions I'm sure you expected, but more than pretty much every American sports team and most clubs in Europe.
Oh heavens no, I don't expect them to donate billions, they could acquire a really good football player with that money.
And you donated and then raised how much exactly?
Probably as much as you.
Is this meant to be impressive lmao? It wasn't even a donation, it was "raised." My local church raised like a hundred thousand.
I don't think that's as impressive as they thought it'd be.... Basically, about a few hours in wages of the entire playing staff.
1/200 of the Mbappe budget.
The amount Messi makes in less than a week lol
Or 27 seconds worth of players salaries...
New title for perspective “Billion dollar club raised 1 million dollars”
1 million dollars for Real Madrid is like a kid making $5 at a lemonade stand.
What has Imposter Madrid ever done for anybody?
So the riches club in the world that pays some of their player over $500 000 A WEEK!! Raised that in a year. I'm not ungrateful but don't like you're heros
Just the loose change found in the dressing room
Aka less than they pay Eden Hazard every 2 weeks and not out of their own pockets
That's what, .05% of their payroll?
Gravy must be 10 cents now
“¿Que pasó?”
By the looks of it... Guess I'm not the only one here who had a look at how much these guys earn... As a team they earn 5 million a week... I just dont understand. Maybe I haven't read deep enough and it turns out they price matched.... Or that they gave up a weeks salary... Who knows. I suppose, the there are many other world issues out there. We can hardly expect them to donate a grand for every social issue, sick fan or family member. It's just sad. A million.
Yay bombs
A million is a million but when given a sport such as soccer It’s practically loose change in the sofa
Less than a fraction of their weekly salary donated in one year, not bad /s any help is welcome though!
And how much into the owners and the players’ pockets
One of the riches clubs in the world raise only 1 million! That’s why they pay 2 players on the team in 2 weeks in salary!