Real Madrid hits €1 billion revenue mark

Spanish club Real Madrid, where Turkish footballer Arda Güler plays, has become the first club in history to achieve an annual revenue of €1 billion.

cumhuriyet.com.tr

Real Madrid has announced that it is the first club in history to surpass €1 billion in annual revenue.

€1 BILLION INCOME

In a statement from the club, it was reported: "For the 2023-24 season, excluding player transfers, we achieved a 27% increase in revenue compared to the previous year, totaling €1.073 billion."

Real Madrid also announced that it concluded the past season with a profit of €16 million, maintaining a net worth of €574 million.