Real Madrid Shatters Records with Over €1 Billion Revenue
Real Madrid makes history as the first club to record over €1 billion ($1.04 billion) in annual revenue. The prominent Spanish club has reached this significant milestone in the Deloitte Football Money League for the 2023-24 season.
The report by the consulting firm Deloitte uncovers the financial prowess of football clubs worldwide. The figures in the report assess the financial performance of clubs by evaluating their income. In the 2023-24 season, Real Madrid registered €1,045,500,000 in income, solidifying their position at the top of the ranking.
Following Real Madrid in the study is Manchester City, ranked second with €838 million. Other clubs making it to the top five include Paris Saint-Germain with €806 million, Manchester United with €771 million, and Bayern Munich with €765 million.
The dominance of the Premier League clubs is evident in the top 10 ranking that includes well-known clubs like Barcelona, Arsenal, Liverpool, Tottenham Hotspur, and Chelsea. The 20 clubs included in the Deloitte study collectively received €11.2 billion, a 6% increase compared to the 2022-23 season.
The 2023-24 season was a victorious one for Madrid, as they clinched the Champions League title by defeating Borussia Dortmund in the final at Wembley. They also won LaLiga, finishing a striking 10 points ahead of second-placed Barcelona.
The impressive €1 billion figure was constituted of €248 million in matchday revenue, €316 million in broadcast revenue, and a hefty €482 million in commercial revenue. The redevelopment of the Bernabéu Stadium, which is almost complete, played a significant role in doubling the matchday income compared to the previous year.
Madrid’s matchday revenue of €248 million towers over that of any other club. The club that comes closest is PSG, with a matchday revenue of €170 million. Moreover, Madrid’s commercial revenue, which also tops the list in the study, witnessed a surge of 19%.
The Deloitte report revealed a noteworthy fact about the gap between the top two ranked teams in the 2025 study, Madrid and City, which has never been wider, standing at €208 million. This significant revenue difference amplifies Madrid’s financial dominance in the world of football.
In conclusion, Real Madrid’s record-breaking revenue of over €1 billion is a testament to the club’s financial strength, strategic planning, and their continued excellence in the fiercely competitive world of football.