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Image Source: IANS
Real Madrid Become First Football Club To Exceed 1 Bn Euros In Revenue
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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