Real Madrid have become the first football club to generate more than €1 billion (£845 million) in revenue in a single year, putting themselves at the top of the financial services company rankings.
Last season’s La Liga and Champions League winners, Deloitte said the Spanish club had surpassed Manchester City to regain first place in its Football Money League.
Real Madrid also saw matchday revenue increase in 2023/24 – after renovations to the Bernabeu stadium – double to €248m (£209m).
The club also saw a 19% increase in commercial revenue thanks to a new sleeve sponsorship from HP and an increase in merchandise sales, generating a further €482m (£407m).
In total, Real Madrid recorded €1,045 million (£883 million) in revenue during the 2023/24 season, putting them well ahead of City who recorded €837 million (£707 million). of pounds sterling).
Manchester City generated the second highest turnover, with 837 million euros last season. Photo: Reuters
In third place is Paris St Germain, the only French team in the top ten, who recorded a turnover of around £680 million.
Despite finishing seventh in their worst Premier League season, Manchester United ranked fourth with around £650 million, ahead of Bayern Munich on £646 million and Barcelona on £642 million.
Arsenal were seventh with revenues of £605 million, just ahead Liverpool at £603 million. Tottenham Hotspur meanwhile came ninth with £519m, and Chelsea completed the list with £460 million in revenue.
Deloitte said participation in UEFA competitions was vital for club revenues, pointing out that Italy’s Juventus had fallen from 11th to 16th place in its rankings after being banned from European fixtures for violating fair rules. -financial play.
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Tim Bridge, senior partner at Deloitte Sports Business Group, added: “While commercial revenue dominates revenue for the Money League’s top 10 clubs, broadcast revenue remains crucial for teams in the bottom half of the rankings.
“As competitions grow and create more broadcast and matchday opportunities, these can further increase the revenue potential of clubs.”