Real Madrid becomes first club to hit €1 billion revenue mark in a single season

Real Madrid becomes first club to hit €1 billion revenue mark in a single season


AL JAZEERA

Real Madrid are the first football club to top a billion euros in revenue during a single season, fuelled by income generated by the revamped Santiago Bernabeu Stadium, according to accountancy firm Deloitte.

The order of the clubs at the top of Deloitte’s annual Football Money League stayed the same, with Madrid at 1.05 billion euros ($1.09bn) followed by Premier League champions Manchester City ($872m) and Paris Saint-Germain ($839m).

The $216m gap between first and second is the biggest Deloitte has ever recorded.

The dramatic refurbishment of the home of Real Madrid doubled matchday revenues to $258m in the 2023-24 campaign.

Madrid have taken out loans totalling more than $1bn since 2018 to renovate the Bernabeu, with the aim of turning it into a major source of revenue.

The state-of-the-art venue now boasts an undulating metal roof, shops, expanded VIP areas and a retractable pitch…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Real Madrid becomes first club to hit €1 billion revenue mark in a single season

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.