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Tuesday briefing: Real Madrid post €11.8 million profit for 2022/23

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18 July 2023 - 4:30 AM

Real Madrid have reported a €11.8 million profit for the 2022/23 financial year, down slightly from the €13 million surplus achieved in 2021/22, despite earning higher revenue.

In a statement, the Spanish giants said 2022/23 income, excluding player transfers, reached €843 million, an increase of €121 million (17 per cent) on the previous year and exceeding pre-pandemic revenues for the first time (€757 million in 2018/19).

The club said that stadium revenues, li

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