Real Madrid made history by being the first football club to surpass 1 billion euros in revenue for a season, achieving 1.046 billion euros in 2023-24 as reported by Deloitte. Key contributors to this revenue surge included a 100% increase in match-day revenue following Bernabeu renovations and a notable 19% rise in commercial revenue. Despite stiff competition, Madrid also secured victories in major tournaments like the Champions League, exposing a widening financial gap between them and second-placed Manchester City. Overall, the top 20 clubs generated record revenues of 11.2 billion euros, reflecting a positive trend for the football industry.
Real Madrid has become the first football club to exceed 1 billion euros in revenue during a season, according to Deloitte's latest Football Money League report.
Madrid's financial success is fueled by a doubling of match-day revenue post-Bernabeu renovations and a significant increase in commercial revenue.
The revenue gap between the top two clubs—Real Madrid and Manchester City—reflects unprecedented financial disparity in European football over the past 28 years.
Deloitte reported the top 20 football clubs generated a record 11.2 billion euros in total revenues, highlighting the continuing financial growth within the sport.
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