File - Real Madrid's Portuguese forward Cristiano Ronaldo kisses his UEFA European Best Player of the Year trophy, on August 28, 2014 in Monaco, after the draw for the 2014/2015 European Champions League group stages. AFP PHOTO / VALERY HACHE
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Real Madrid president Florentino Perez sought to play down an apparent spat with Cristiano Ronaldo Friday as he announced the La Liga club's income had surged above 600 million euros ($778 million) in 2013-14 .Perez, who has splashed hundreds of millions of euros of the European champions' cash on top players in recent years, said the loyalty of Ronaldo, the current World Player of the Year, had been "unquestionable". Perez, who pushed through a lucrative contract extension for Ronaldo in September last year that ties him to the club until 2018, defended Real's decision to sell Alonso and Di Maria.Real's latest financial figures also showed a posttax profit of 38.5 million euros, up 4.4 percent on a year earlier, and a drop in net debt of 21 percent to 71.5 million.
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