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Friday briefing: Real Madrid become first club to reach €1 billion revenue mark

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26 July 2024 - 4:30 AM

Real Madrid have claimed that they are the first football club to exceed €1 billion in annual revenue after reporting operating income, excluding player transfers, of €1.073 billion for the year ending 30th June 2024.

The figure marks a 27 per cent increase on the €843 million earned in 2022/23. Madrid said all revenue streams grew on the previous year apart from broadcast income, which declined due to a fall in the amount received from LaLiga.

The Spanish giants added that “the

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