Real Madrid has made headlines by becoming the highest revenue-generating football club globally, surpassing the €1 billion mark in the 2023-24 financial report. The club’s revenues for the 2023-24 season, excluding player transfers, soared to a staggering €1.073 billion, marking a substantial €230 million increase from the previous year. This impressive 27% growth allowed the club to secure after-tax profits of €16 million, a substantial 32% jump from the season before.
Forbes, the renowned financial publication, valued Real Madrid at an impressive $6.07 billion, positioning the club as the most valuable football club worldwide and the 11th most valuable sports team across all sports. In comparison, Manchester United trailed just behind Real Madrid, ranked 13th by Forbes with a valuation slightly lower at $3 billion. The Dallas Cowboys and the New York Yankees claimed the top spots on Forbes’ list, with valuations of $9 billion and $7.1 billion, respectively.
Real Madrid’s statement highlighted the club’s sound financial status, boasting a net equity of €574 million. The club emphasized its consistent profitable trajectory since the early 2000s, showcasing robust growth across all business lines. However, the club noted a dip in revenues from broadcasting rights in the 2023-24 season compared to the previous season, indicating a minor setback in an otherwise stellar financial performance.
Despite their current financial success, Real Madrid shows no signs of slowing down. The club’s recent signing of French superstar Kylian Mbappé on a free transfer following the expiration of his contract with Paris Saint-Germain demonstrates their commitment to excellence on and off the field. Real Madrid is optimistic about achieving record-breaking figures in the upcoming 2024-25 financial year, further solidifying their position as a financial powerhouse in the football world.
Real Madrid’s financial dominance in the football industry is undeniable, with their latest revenue milestone and Forbes valuation cementing their status as the most valuable football club globally. With a history of consistent growth and profitability, coupled with ambitious plans for the future, Real Madrid continues to set the standard for financial success in the world of football.
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