Real Madrid hits $1.04 billion, becoming the first billion dollar soccer club in the world

Real Madrid has broken financial records, becoming the first football club to surpass 1 billion euros ($1.04 billion) in annual revenue, according to the Deloitte Football Money League. The figures, which cover the 2023-24 season, reveal that the Spanish and European champions earned €1,045,500,000, securing the top spot in the ranking.

Madrid’s record income includes 248 million euros from match revenues, 316 million euros from broadcasting, and 482 million euros from commercial activities.

The restructuring of the Santiago Bernabéu Stadium played a crucial role, with match revenue doubling from the previous season, making it the highest among all clubs. Paris Saint-Germain is behind with 170 million euros in earnings from the match.

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

Real Madrid’s financial dominance reflects their success on the pitch. The 2023-24 season saw them win the Champions League, defeat Borussia Dortmund in the final at Wembley, and secure the LaLiga title, finishing 10 points ahead of Barcelona.

The financial disparity between Real Madrid and Manchester City, ranked second, reached a record 208 million euros. Madrid’s commercial revenue, which increased by 19%, remains unmatched among the clubs studied.

The Deloitte report highlights Madrid’s strategic growth and the impact of its renovated stadium, which solidifies its status as a financial powerhouse of global football.