Real Madrid has become the first football club to exceed €1 billion in revenue, as announced on July 23, 2024. This milestone reflects a 27% increase in operating income to €1.073 billion for the 2023-2024 financial year, driven by successful marketing and stadium operations despite a drop in broadcasting rights revenue. The club enjoyed a stellar season on the pitch, winning the Champions League, LaLiga, and the Spanish Super Cup, while also seeing success in basketball.
The revenue boost comes from expanded merchandising, sponsorships, and stadium enhancements, including new VIP experiences. Real Madrid’s operating profit before depreciation (EBITDA) reached €156 million, marking a 71% year-on-year increase, with a 32% rise in after-tax profits to €16 million.
Financially, the club remains strong with a debt-to-equity ratio of 0.0, a cash balance of €82 million, and undrawn credit facilities of €395 million. Investment during the year included €239 million for player acquisitions and €270 million for stadium renovations, which are expected to drive further revenue growth once completed.
Looking ahead, Real Madrid aims to maintain commercial growth and sporting success, with the high-profile signing of Kylian Mbappé set to bolster their future prospects. The club’s strategic focus is on sustainable growth and balancing revenue with cost management to ensure long-term financial stability.
