Real Madrid, the most successful club in world football, has set a historic benchmark by announcing an annual revenue exceeding $1 billion, excluding income from player sales.
The monumental achievement highlights Real Madrid's prowess not only on the football field but also in its financial operations. The Spanish giant, which recently unveiled its balance sheet, continues to excel in all areas.
Real Madrid, home to national star Arda Güler, has achieved this record-breaking milestone with its latest financial statement, revealing unprecedented revenue figures for the 2023/2024 season. This achievement underscores the club's continued dominance and success on and off the field.
"Operating income (before the sale of fixed assets) for the 2023/24 season reached $1.073 billion, an increase of $230 million (27%) compared to the 2022/2023 season. Despite the stadium not being fully operational, the club managed to exceed one billion dollars in operating income before the sale of fixed assets, a milestone no other football club has reached," states Real Madrid.
"During the 2023/24 season, debt increased by $59.6 million due to investments made ($289 million, excluding the renovation project). These investments notably include $259 million in players and the start of construction on the Paseo de la Castellana parking lot, where $16 million has been invested," part of the statement from the club reads.
The club's net income for the 2023/2024 season stood at €16 million. Over the years, Real Madrid has consistently strengthened its financial position, boasting a net worth of €574 million. The impressive financial performance underscores the club's continued success both on and off the field, further solidifying its status as a global football powerhouse.
Real Madrid, home to national star Arda Güler, continues to break records and set new benchmarks in the sports industry, reflecting its unparalleled success and robust financial health.
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