Real Madrid Becomes First Football Club To Exceed €1 Billion In Revenue

Real Madrid President, Fiorentino Pérez

Source: Africa Publicity

Spanish and European champions, Real Madrid, has become the first Football club in history to exceed €1 billion in revenue.

Real Madrid announced this in its financial statement on July 23, 2024.

According to the statement, Real Madrid’s revenue for the 2023/24 season, not including player transfers, reached €1.073 billion, “some 27% up on the last year.”

It said Real Madrid made €16 million in profit for the 2023/24 financial year.

The statement added that “The Club maintains its sound financial status with a net equity of 574 million euros.”

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