Real Madrid hit 1.04 billion dollars and became the world’s first billion dollar football club

Real Madrid has broken financial records, becoming the first soccer club to surpass 1 billion euros ($1.04 billion) in annual revenue, according to the Deloitte Football Money League. According to statistics covering the 2023-24 season, the Spanish and European champions topped the rankings, earning €1,045,500,000.

Madrid’s record-breaking revenue includes 248 million euros from matchday revenue, 316 million euros from broadcasting and 482 million euros from commercial activities.

The redevelopment of the Santiago Bernabeu stadium has played a key role, with matchday revenue doubling from last season, making it the best of any club. Paris Saint-Germain are close behind with matchday revenue of €170 million.

Manchester City (€838 million) is in second place, followed by Paris Saint-Germain (€806 million), Manchester United (€771 million), and Bayern Munich (€765 million). The Premier League tops the 10, including clubs such as Arsenal, Liverpool, Tottenham Hotspur and Chelsea, along with La Liga giants Barcelona. In total, the top 20 clubs generated €11.2 billion, an increase of 6% from the 2022-23 season.

Real Madrid’s financial dominance reflects their success on the field. In the 2023-24 season, they won the Champions League, beat Borussia Dortmund in the Wembley final and won the La Liga title, finishing 10 points ahead of Barcelona.

The financial gap between Real Madrid and Manchester City is second, reaching a record 208 million euros. Madrid’s commercial revenue, which grew by 19 percent, was unmatched among the clubs studied.

The Deloitte report highlighted Madrid’s strategic growth and the impact of its renovated stadium, which will strengthen its position as a financial powerhouse in world football.