Real Madrid reaches $1.04 billion, becoming the world’s first multi-billion-dollar football club

Real Madrid has broken financial records, becoming the first football club to surpass 1 billion euros ($1.04 billion) in annual revenue, according to the Deloitte Football Financial Association. The figures, covering the 2023-24 season, reveal that the Spanish and European champions pocketed a staggering €1,045,500,000, securing top spot in the world rankings.

Real Madrid’s record income consists of €248 million from match-day revenue, €316 million from broadcasting, and €482 million from commercial activities.

The redevelopment of the Santiago Bernabeu Stadium played a pivotal role, with matchday revenues doubling compared to the previous season, making it the highest among all clubs. Paris Saint-Germain trails behind with revenues of 170 million euros on match days.

Manchester City (838 million euros) comes in second place, followed by Paris Saint-Germain (806 million euros), Manchester United (771 million euros) and Bayern Munich (765 million euros). The top ten is dominated by the Premier League, featuring clubs such as Arsenal, Liverpool, Tottenham Hotspur and Chelsea, along with Barcelona in La Liga. Collectively, the top 20 clubs generated €11.2 billion, an increase of 6% on the 2022-23 season.

Real Madrid’s financial dominance reflects their success on the pitch. The 2023-24 season saw them win the Champions League, beating Borussia Dortmund in the final at Wembley Stadium, and securing the La Liga title, as they finished the season 10 points ahead of Barcelona.

The financial difference between Real Madrid and second-placed Manchester City reached a record 208 million euros. Real Madrid’s commercial revenues, up by 19%, remain unparalleled among the clubs surveyed.

Deloitte’s report highlights Real Madrid’s strategic growth and the impact of its renovated stadium, strengthening its position as a financial powerhouse in global football.