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MADRID (Reuters) - Real Madrid's revenues exceeded 500 million euros for a second consecutive season in 2012-13, rising 1.3 percent to 520.9 million (436.7 million pounds), the world's richest club by income said.
MADRID: Real Madrid extended their new policy of snapping up promising home-grown talent by paying 39 million euros ($50.9 million) to buy Spain Under-21 midfielder Asier Illarramendi out of his contract with La Liga rivals Real Sociedad on Friday.
LONDON: Troubled Portsmouth moved a step closer towards becoming the first Premier League club to enter administration when their appeal against a winding up order was dismissed by a High Court judge on Tuesday.