Real Madrid Tops €1 Billion in Revenue, Leading Football Money League
Real Madrid has made history as the first football club to generate over one billion euros in revenue in a single season, according to a report by Deloitte. The Spanish giants achieved record earnings of €1.045 billion for the 2023/24 season after winning both LaLiga and the UEFA Champions League last year.
The financial report highlights a significant increase in matchday revenues, which surged to €248 million following renovations at the Santiago Bernabéu Stadium. Additionally, the club saw a 19% uptick in commercial revenue, buoyed by a new sponsorship deal with HP and higher merchandise sales, contributing another €482 million to their total.
Manchester City followed in second place with €837 million in revenue, while Paris Saint-Germain ranked third at approximately £680 million. Notable placements for other clubs included Manchester United at fourth with £650 million, Bayern Munich at fifth with €646 million, and Barcelona close behind at €642 million.
Deloitte emphasized the importance of participation in UEFA competitions for club revenues, indicating that Juventus suffered a drop in rankings after being excluded from European fixtures due to financial fair play violations.
As competition expands, Deloitte's Tim Bridge noted that both commercial and broadcast revenue play critical roles in driving the financial success of football clubs.
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