Real Madrid Becomes the First Club to Surpass €1 Billion in Revenue

Real Madrid

Real Madrid enjoyed a successful end to the previously completed 2023/24 season. They won two major trophies last season. Los Blancos edged Borussia Dortmund in the final of the Champions League. Before the final, they outwitted their rivals Barcelona to winning the La Liga. Edging the Blaugranas with a 10-point gap. The trophies summed up a successful season for the Los Blancos.

Although the end of the season marked the last season for one of their midfield talisman Toni Kroos.Nonetheless, Real Madrid started the season break with the introduction of Kylian Mbappe. And as time elapses they are expected to sign more important players. The outcome of Madrid’s successful 2023/24 season has made them the club that generated the highest revenue in a season.

At the same time, they also broke a record of being the first club to generate above €1 billion in revenue.

Real Madrid Breaks €1 Billion Revenue

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Real Madrid has broken the record of being the first Club to generate above €1 billion in revenue in a single season After securing the La Liga and also the UEFA Champions League last season, they broke the revenue record. This success made them the Club with the highest revenue gain in the whole footballing history. Real Madrid dropped an official report saying “Real Madrid become the first football club to exceed €1bn in revenue.

Revenue for the 2023-24 season, excluding player transfers, reached €1.073bn, 27% more than the previous year. Real Madrid made a profit of €16 million in the 2023-24 year. The club maintains a solid financial situation with a net worth of €574m.

Los Blancos successful season

Los Blancos enjoyed their final games of the season while conveniently gapping their rivals Barcelona. Their gap had extended after they defeated the Blaugranas in the 257th El Classico in April. In the end, they finished the season with a 10-point gap. English Sensation Jude Bellingham was crucial in their successful 2023/24 season. Despite being his debut season the Englishman made a strong impact with his goals and assists.

Legendary Coach Carlo Ancelotti also got the best out of their now-retired star midfielder Toni Kroos. Alongside him was also Dani Carvajal and Nacho Fernandez who both had an exceptional season. Not to forget this year Ballon D’or candidate Vinicius Jr who also had a stellar season. Especially in the Champions League semifinals and final. Apart from their Football, Real Madrid’s basketball team secured their Basketball League. They also won the King’s Cup and Spanish Spanish Super Cup titles. However, they couldn’t win the Euroleague. They ended up being the runners-up.

Summer Business for Real Madrid

In this summer Madrid was able to secure their long-desired interest Kylian Mbappe. The Frenchman whose contract had expired, failed to renew at PSG. This allowed the Los Blancos to secure his signature for free. It was a dream come true for both the player and the club to unite. Aside from Mbappe, Real Madrid secured Endrick from Palmeiras at a fee of €47.5m. The Los Blancos look to continue their reinforcement.

They’ve been linked with Bayern Munich left-back Alphonso Davies. Alongside is also Liverpool star Trent Alexander Arnold. Both players are fullbacks and Madrid hopes to add more depth to their defensive line. In the bid to reinforce their defense, they failed to secure the signature of an 18-year-old center back. Real Madrid was unable to sign Leny Yoro. The Frenchman eventually signed for Manchester United last week.

Los Blancos are to play three pre-season friendlies in the US. Real Madrid will face AC Milan, Barcelona, and Chelsea. After their preseason tour, they’ll prepare for an Intriguing encounter against Atlanta in the UEFA Super Cup. And a few days later they’ll begin their La Liga campaign against Mallorca.

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