Real Madrid, the renowned Spanish soccer club, has secured the top position in Deloitte’s annual Football Money League for 2024 as the leading club in terms of revenue generation, surpassing their rivals Manchester City.
This achievement is complemented by Forbes’ recognition of Real Madrid as the most valuable soccer team on their Valuations List, with a valuation of $6.07 billion reported in May 2023.
According to the report, Real Madrid recorded revenue of €831.4 million ($905.3 million) for the 2022/23 season, marking a significant 16% increase compared to their revenue in the previous season, allowing them to claim the top spot in the rankings.
This growth coincided with a moderately successful season on the field, where they secured four trophies: the Copa del Rey, the Spanish Super Cup, the European Super Cup, and the Club World Cup.
However, the team fell short in two major competitions, the UEFA Champions League and La Liga.
Despite these on-field outcomes, Real Madrid’s revenue saw growth in various aspects. The only area where they experienced a decline was in broadcasting, with a decrease of €2 million ($2.2 million), bringing their broadcasting revenue to €306 million ($333.2 million).
Notably, Real Madrid saw a remarkable 26% increase in their commercial revenue, reaching €403 million ($438.8 million).
In this category, only other European soccer powerhouses like Barcelona and Bayern Munich surpassed Real Madrid, with Bayern leading the way with €419 million ($456.3 million) in commercial revenues.
