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.
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.
Most Read News
- Kremlin refuses to comment on alleged launch of
- Russia confirms attack with UK-made Storm Shadow missile
- 42 dead in attack by Sudan’s Rapid Support Forces on
- French farmers block Bordeaux Port to protest proposed
- Pakistan says repatriated nearly 800,000 undocumented
- US Senate fails to pass trio of measures to block some
- Hezbollah chief says it reviewed US truce proposal
- Nordic, Baltic countries reiterate continued support for
- Israel issues evacuation orders for residents in 3
- US to allow Ukraine to use American-made anti-personnel