Real Madrid has made history by becoming the first football club to surpass €1 billion in revenue in a single season, according to Deloitte’s Football Money League report.¹ The club’s revenue soared to €1.05 billion, with a significant chunk of that coming from the revamped Santiago Bernabeu stadium.
The stadium’s renovation, which included adding an undulating metal roof, shops, expanded VIP areas, and a retractable pitch, has turned it into a major revenue generator. Matchday revenues doubled to €248 million in the 2023/24 campaign, while commercial revenue increased by 20% to €482 million, thanks to increased merchandise sales and new sponsorship deals.²
Real Madrid’s financial success has put them ahead of other top clubs, with Manchester City and Paris Saint-Germain trailing behind with revenues of €838 million and €806 million, respectively. The club’s financial prowess has also been recognized by Tim Bridge, lead partner in the Deloitte Sports Business Group, who noted that football clubs are increasingly becoming multi-use entertainment venues that attract new visitors, sponsors, and retail opportunities.
Here’s a breakdown of the top 10 clubs in Deloitte’s Football Money League:
– 1. Real Madrid: €1.05 billion
– 2. Manchester City: €838 million
– 3. Paris Saint-Germain: €806 million
– 4. Manchester United: €771 million
– 5. Bayern Munich: €765 million
– 6. Barcelona:
– 7. Arsenal:
– 8. Liverpool:
– 9. Tottenham:
– 10. Chelsea:
These figures demonstrate the financial muscle of Europe’s top football clubs, with Real Madrid leading the pack.
