Real Madrid has made headlines by announcing that they have become the highest revenue-generating football club globally, surpassing €1 billion in earnings in their 2023-24 financial report. The club's revenues for the campaign, excluding player transfers, reached an impressive €1.073 billion, marking a substantial €230 million increase from the previous year, representing a significant 27% growth.
The LaLiga, Champions League, and Spanish Super Cup champions concluded the 2023-24 financial year with after-tax profits of €16 million, a notable 32% rise compared to the previous season. Real Madrid expressed their satisfaction with these results, stating that this achievement is unparalleled in the football world. The club also highlighted its robust financial position, boasting a net equity of €574 million.
Real Madrid's financial success has been consistent over the years, with a positive trajectory since the early 2000s. The club reported growth in all areas of its business, except for broadcasting rights, where revenues from LaLiga in 2023-24 were lower than the previous season.
Despite this, Real Madrid remains optimistic about the future, especially after recently acquiring French star Kylian Mbappé on a free transfer following the expiration of his contract with Paris Saint-Germain. The club is now anticipating record-breaking figures for the 2024-25 financial year.
In a statement, Real Madrid expressed confidence in the upcoming financial year, expecting further commercial growth. They attribute this positive outlook to the image-related benefits derived from the team's composition, on-field success, and the recent renovation of their stadium.
