Real get 153m euros in loans
Real Madrid have received loans worth 153 million euros to pay for new players to build its team of new "Galacticos," such as Kaka and Cristiano Ronaldo.
A spokesman for Caja Madrid savings bank said Tuesday it had leant Real 76.5 million euros, "half of the total".
The newspaper El Mundo reported Real had received two loans, one from Caja Madrid and the other from Santander bank to pay for new players.
Neither Santander nor Real would confirm the report.
El Mundo said the loans would be guaranteed by the 600 million euros that club will receive from the Mediapro group for television broadcast rights of its matches.
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