Western media exposed the history of Real Madrid turning losses into profits: Laofuye sold 500 million free land to build the Galaxy battleship.

In 2000, florentino was elected president of Real Madrid on the promise of signing Figo. However, the situation he faced was not optimistic. At that time, Real Madrid was in debt of 277 million euros. But soon, he used his ability to help Real Madrid turn over. Florentino's big move is to sell the club sports city at a high price of 500 million euros, and then buy a new cheap land in the suburbs to rebuild the sports city.

It is not easy for Real Madrid to sell the land in the old sports city, because the land was given to them by the government for free. In the previous 50 years, no chairman could sell land. When the former chairman went public, he tried his best to promote the land, which was rejected by the relevant parties, but florentino did it.

Real Madrid sold the land of the old sports city to the government and was later bought by some enterprises. Now, four skyscrapers have been built on this land. Real Madrid got 506,543.8+0.8 million euros from land sales, and then florentino invested 4130,000 euros to bring in superstars such as Zidane, Figo, Cristiano Ronaldo and Beckham to build the first generation of "Galaxy Battleship".

"florentino is a good chairman of Real Madrid? Certainly, but his kindness to Real Madrid does not mean that it is good for the whole city of Madrid. " Former Madrid Mayor Juan barranco said.