Real Madrid reveals its revenues during the 2023-2024 season
Real Madrid announced that its revenues for the 2023-24 season amounted to 1.07 billion euros, an increase of 27% over last season.
Real Madrid became the first football club to exceed 1 billion euros in revenue.
The Spanish newspaper AS revealed that the "Royal" club expected revenues to reach 1 billion euros with the readiness of the Santiago Bernabéu stadium, but nevertheless broke this number before the stadium was 100% ready.
It said: "Revenues reached 1,073 million euros, which represents an increase of 27% compared to the previous year (more than 230 million euros)."
Noting that two main sectors contributed to this amount, namely marketing and the operation of the Santiago Bernabéu stadium. Stressing that the emergence of HP as a sponsor contributed greatly to enhancing the performance of the first and second VIP boxes, in addition to the stadium's capacity.
She said more parties, events and shops would bring more money into the European champions' coffers.