Real Madrid become first football club in world to report €1 billion in revenue

Real Madrid have become the first football club to report revenue generation of over €1 billion ($1.08bn). As per the financial report for 2023-24, the La Liga giants Real Madrid made €1.073bn in revenue, registering a rise of 27% and a total gain of €230 million. The revenue statement did not include player transfers.

They also registered after-tax profits of €16m, 32% higher than last season.

“This is an unprecedented figure for any football club,” Real Madrid said. “The club maintains its sound financial status with a net equity of €574m.

“The club has continued its profitable trajectory year after year since the turn of the century.

“Every line of business has seen growth, with the exception of broadcasting rights, where revenues received from LaLiga in 2023-24 were lower than in the 2022-23 season.”

Real Madrid added that they expect the revenues to grow even more next season.

“The club expects this commercial boost to continue and grow even stronger in the 2024-25 financial year, supported by the image-related benefits derived from both the composition of the playing squad and sporting success, as well as the renovated stadium.”

Real Madrid are valued at $6.07bn by Forbes – the most valuable football club in the world and the 11th most valuable sports team overall.

The Dallas Cowboys are the highest-valued sports team in the world as per Forbes with a valuation of $9bn.