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Real Madrid have reported a profit of €23.6 million for the first half of the 2023/24 season, despite a nearly 50 per cent cut in net results compared to the previous year.

The club's revenue has increased by 15%, reaching €461 million in December 2023, up from €400.9 million at the midpoint of the 2022-2023 season.

According to the financial statements released by Real Madrid, all revenue streams have seen growth – most notable commercial income which surged from €158.9 m

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