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Spanish league

Real Madrid become first football club to exceed 1 bn euros in revenue
Image Source: IANS
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Real Madrid Become First Football Club To Exceed 1 Bn Euros In Revenue

By IANS News July 24, 2024 • 10:40 AM View: 170
Real Madrid CF: Real Madrid have become the first football club to cross 1 billion euros in revenue with a net profit of 16 million euros in the year 2023-24.

The board of directors of Real Madrid CF has formulated the annual accounts for the 2023-2024 financial year in a meeting held on Tuesday.

Revenue for the 2023/24 season, excluding players tranfers, reached to 1.073 billion euros, which is 27 per cent more than the previous year, according to the data available on the club's website.

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