Real Madrid First Club to Surpass €1bn in Revenue
Real Madrid have made history by becoming the first football club to surpass the €1 billion mark in revenue, as confirmed by their official reports. This milestone reflects the club’s exceptional on-field successes and off-field financial management.
Financial Highlights:
- Total Revenue: For the 2023/24 financial year, Real Madrid’s operating income (before the disposal of fixed assets) reached €1.073 billion, marking a 27% increase from the previous year’s €843 million.
- Revenue Breakdown:
- Marketing and Sponsorship: Significant growth, highlighted by a new sponsorship deal with HP as the team’s sleeve sponsor.
- Stadium Revenue: Despite the Santiago Bernabéu not being fully operational due to ongoing renovations, there was a notable increase in stadium-related revenues. This included new business areas like hosting major events and offering new VIP experiences.
- Broadcasting Rights: A slight decrease in revenues from La Liga broadcasting rights compared to the previous season.
- International Competitions: Boosted revenue from international competitions, especially following their Champions League victory.
On-Field Success and New Signings:
- La Liga and Champions League Double: Real Madrid’s on-field success last season included winning both the La Liga and the Champions League.
- Star-Studded Squad: The club bolstered their already strong squad by signing Kylian Mbappe. The team also features prominent players like Vinicius Junior and Jude Bellingham.
- Youth Talent: Brazilian prodigy Endrick has joined the squad, adding to the team’s depth and future potential.
Statement from Real Madrid:
“Operating income (before disposal of fixed assets) for the 2023/24 financial year has totalled €1.073bn, an increase of €230m (27%) compared to the 2022/23 financial year. In this period, despite the stadium not being fully operational, the club has succeeded in eclipsing the €1bn mark in operating income before disposal of fixed assets. This is an unprecedented figure for any football club.”
Real Madrid’s combination of strategic marketing, increased stadium revenue, and continued success on the pitch has positioned them as a financial powerhouse in the world of football. Their forward-thinking approach and investments in talent ensure they remain competitive both domestically and in Europe.
