Real Madrid surpassed €1billion ($1.085bn) in revenue for the 2023-24 season, according to the club’s annual accounts.
The club’s revenue, excluding player transfers, reached €1.073bn ($1.16bn), a 27 per cent increase from the previous year despite ongoing stadium renovations.
Madrid also reported a profit of €16million ($17.3m) for the fiscal year, with a net worth of €574m ($623m) and net debt of just €8m ($8.6m) as of June 30, 2024. They claim they are the first football club to exceed €1bn in revenue.
In the previous campaign, Madrid enjoyed substantial success on...