Real Madrid has set aside $1.13bn for the 2024–25 season, but not a dime for the Club World Cup.

For football teams all over the world, the bottom line is very important, and budgets are often manipulated and stretched to make extra money. Real Madrid, which has one of the biggest budgets in the world, has not planned to make any money from next year’s FIFA World Club Cup “as there is no precise information on the subject.” This is pretty strange.

There are a lot of unknowns about the CWC, like where the teams will train, who will pay for them, and who will show it. Real Madrid is waiting it out and has even said they might not play in next year’s 32-team event.

Members of the club were given their financial forecasts for 2024–25. There were two big unknowns: the expanded 32-team Club World Cup next summer, and the club’s disagreement with locals over holding concerts at the Santiago Bernabeu.

The tournament and performances held at the Santiago Bernabeu, which was recently fixed up, did not bring in any money. It cost €1.76 billion ($1.91 billion) to fix up the stadium. It took four years to finish the makeover project, which began in 2019. Interest is added to the total cost, and the stadium should be paid for by 2053.

The Athletic says that the books show that sales have hit a staggering €1.043 billion ($1.113 billion) for the first time. However, there is a question mark next to this number.

Madrid plans to make a total of €1.13 billion in sales during the 2024–25 fiscal year, which is €54.7 million more than they expected in 2023–24. The club’s stadium has led to a 14% rise in income, and they expect to spend €362.1 million each year.