Real Madrid Becomes World's First Billion-Dollar Football Club, Valued at $1.04 Billion

Spain (The Uttam Hindu): Real Madrid has made history by becoming the first football club to surpass €1 billion ($1.04 billion) in annual revenue, as reported by the Deloitte Football Money League. For the 2023-24 season, the Spanish and European champions generated an impressive €1,045,500,000, securing their position as the world's top-earning football club. Their income included €248 million from matchday revenue, €316 million from broadcasting and €482 million from commercial activities, showcasing their diverse and robust revenue streams.

The redevelopment of the iconic Santiago Bernabéu Stadium played a critical role in this achievement with matchday revenue doubling compared to the previous season reaching the highest level among all clubs. Real Madrid's financial dominance was unmatched with a €208 million gap over second-ranked Manchester City (€838 million). Other top earners included Paris Saint-Germain (€806 million), Manchester United (€771 million) and Bayern Munich (€765 million). The Premier League continued to dominate the rankings, with Arsenal, Liverpool, Tottenham Hotspur and Chelsea joining the list, alongside Barcelona. Collectively, the top 20 clubs earned €11.2 billion reflecting a 6% increase from the prior season.

Real Madrid's financial success mirrors their on-field achievements during the 2023-24 season, including winning the Champions League by defeating Borussia Dortmund at Wembley and securing the LaLiga title finishing well ahead of Barcelona. Deloitte's report highlights the impact of Madrid's strategic initiatives particularly the revamped Bernabéu Stadium, cementing their position as the global financial powerhouse of football.