Real Madrid has announced that it has become the first football club in history to generate over €1 billion in revenue.
According to an official statement from the club, Real Madrid’s revenue increased by 27% from the previous year, reaching €1.073 billion excluding player transfers.
The club’s assets are valued at €574 million, and in the last fiscal year, it managed to achieve a new profit of €16 million.
Real Madrid’s exceptional financial situation explains its success in making big signings in the transfer market and bringing in some of the best players in the world, unlike its eternal rival Barcelona, which is mired in never-ending crises.
The Spanish club owes a debt of gratitude to its legendary president, Florentino Perez. Thanks to his strict economic policy and the various projects he has undertaken, the club’s financial situation would not be what it is today.
Real Madrid’s sporting achievements in the last decade have also boosted its commercial value, having won the Champions League 6 times and many other trophies.
