New record for Real Madrid in a somewhat extra-sportive context. The Madrid club has just hit the jackpot.
On July 23, 2024, Real Madrid announced that it was the first football club to generate over a billion in revenue in a single season.
For the 2023-2024 season, the club managed by Florentino Perez reported financial revenues estimated at 1.073 billion euros.
These astounding figures make Real Madrid the first club in history to achieve this milestone.
With these revenues, Real Madrid, which dominated the 2023-2024 season with its on-field exploits, has also outperformed financially compared to last season. The club had (only) garnered 843 million euros in revenue last season, which is 27% less than this season.
This impressive figure also allows the club to post a profit of 16 million euros.
Regarding its asset situation, it is also very solid with net assets of 574 million euros.
With the arrival of new players like Kylian Mbappé to strengthen the team, Real Madrid’s revenues are expected to continue to grow.
Performing well on the football fields, Real Madrid is equally successful in business.
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