Achieving unprecedented revenue, Real Madrid set a new legendary milestone.

Real Madrid has officially become the first football club in history to surpass €1 billion in revenue after a single season. According to the latest financial report released after a Board of Directors meeting on July 23, Real Madrid recorded operational revenue of €1.073 billion for the 2023/24 fiscal year, marking a 27% increase from the previous year. This remarkable achievement comes despite the Santiago Bernabéu stadium still undergoing renovations.

The club’s strong growth is attributed to enhanced marketing and stadium operations, increased sponsorships, and successful team performances. The new sleeve sponsorship deal with HP and elevated stadium revenue from VIP experiences and major events have significantly contributed. Financially, Real Madrid demonstrates impressive stability, with a debt-to-equity ratio of 0:0, excluding the stadium renovation project, and a cash balance of €82 million. The club also has €395 million in undrawn credit, ensuring ample liquidity for future commitments.

Despite substantial investments, such as €239 million for player acquisitions and €16 million for a new parking area, the club has significantly reduced its net debt from €241 million in 2020 to just €8 million. The ongoing Santiago Bernabéu renovation project, with a total investment of €1.163 billion, is expected to generate substantial future revenue from newly developed business areas once completed in 2024/25.

Real Madrid’s financial success under President Florentino Perez’s leadership highlights the club’s strategic vision and management excellence, setting a new benchmark in football history. The completed stadium renovation and the arrival of star players like Kylian Mbappe and Endrick are expected to further boost revenue through ticket sales, commercial ventures, and additional sponsorships.