Real Madrid Becomes First European Club to Surpass €1 Billion in Annual Revenue

Deloitte's 2023/24 Football Money League report highlights record-breaking revenues for European clubs, led by Real Madrid's historic achievement.

Real Madrid reported €1.045 billion in revenue for the 2023/24 season, becoming the first European football club to exceed €1 billion in annual earnings.
The club's revenue growth was driven by its renovated stadium and expanded commercial activities, including hosting external events.
The combined revenue of the top 20 European clubs reached €11.2 billion, a 6% increase from the previous season, reflecting a full recovery from the financial impact of the COVID-19 pandemic.
Bayern Munich and Borussia Dortmund were the only Bundesliga teams in the top 20, ranking 5th and 11th respectively, with Dortmund benefiting from their Champions League final appearance.
Eintracht Frankfurt dropped out of the top 20 after missing Champions League qualification, with their revenue falling from €294 million to €245 million.