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Headline : Real Madrid First Club in World to Report €1bn in Revenue

Read more from the original article on here at www.arise.tv.





Tags : #real #madrid #first #club #world #report #1bn #revenue


No. of Paragraph 16

Real Madrid has declared itself the top revenue-generating football club globally after surpassing €1 billion ($1.08 billion) in revenue for the 2023-24 financial year.

The club’s revenue for the 2023-24 season, excluding player transfers, reached €1.073 billion, marking a €230 million increase from the previous year, representing a 27% rise.

As the champions of LaLiga, the UEFA Champions League, and the Spanish Super Cup, Real Madrid finished the financial year with after-tax profits of €16 million, up 32% from the previous season.

Forbes had valued Real Madrid at $6.07 billion last season, making it the most valuable football club and the 11th most valuable sports team worldwide. In comparison, Manchester United was ranked 13th with a valuation of $3 billion.

Read more from the original article on here at www.arise.tv.


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