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24th July 2024
Real Madrid become the world's first club to reach €1bn in revenue
Real Madrid have announced that they are the first football club in the world to surpass €1billion (£840million) in revenue. The LaLiga giants announced their financial accounts for the 2023-24 season on Wednesday, stating that they have pocketed an eye-watering €1.073bn (£1.45bn) in revenue. That figure does not include player transfers but is staggeringly a 27 per cent uplift on their revenue for the 2022-23 season, where the club earned €843million (£708m).