Home Football Real Madrid Sets a New Benchmark by Being the First Football Organization to Achieve €1B in Revenue, Forecasting Heightened Growth Following the Signing of Kylian Mbappe

Real Madrid Sets a New Benchmark by Being the First Football Organization to Achieve €1B in Revenue, Forecasting Heightened Growth Following the Signing of Kylian Mbappe

Football — 07/25/2024

Real Madrid Achieves the Milestone of Becoming the Initial Football Club to Surpass €1B in Revenue, with Projections of Further Growth Following the Acquisition of Kylian Mbappe

Real Madrid is the first football team to make €1bn in sales, and the club expects even MORE growth now that Kylian Mbappe has joined.

Real Madrid have announced that they are the first club in the world to reach €1billion (£840million) in revenue

The news came from Real Madrid that they are the first football club in the world to make more than €1billion (£840million).

Madrid stated that their success on the field in the past year has been a key factor in their growth

The LaLiga giants released their financial reports for the 2023–24 season on Wednesday. They said they made an amazing €1.073bn (£1.45bn) in sales.

The club has also been completing major refurbishments to the Santiago Bernabeu stadium

That number doesn’t include player moves, but it’s a huge 27% increase from the €843 million (£708 million) the club made in the 2022–23 season.

Real Madrid president Florentino Perez (pictured) has seen his side grow their revenue by 27 per cent

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The club are forecasting revenues to continue to grow next year, having also signed Kylian Mbappe (right)

The winners of this year’s Champions League had an after-tax profit of €15.6m, which is a 32% rise from the previous year. They expect even more growth next year.

Businesses with the club have grown thanks to signing famous football players like Jude Bellingham and their success on the field, where they’ve won La Liga and the Spanish Super Cup.