Real Madrid achieved the highest revenue in history, € 843 million. With the new stadium can reach € 1 billion in operating revenues

The Spanish club, Real Madrid C.F. has just published its financial figures and total revenue reached € 843 million in the 2022-23 season.

The largest amount in the history and the club can return to the top of the ranking of the teams with the most revenues in world football.

Revenues

Last season Real Madrid saw revenues rise 17% and for the first time the resources surpassed pre-pandemic figures. A solid € 843 million in operating revenues in 2022-23 season.

The revenues will grow a lot, with the nowadays stadium limitations, matchday has not reached its maximum potential.

Sports Value's projection is that the club could reach €1 billion in operating revenues after the stadium refurbished and 100% of its capacity.

New Santiago Bernabeu

This video shows the change that the club will have, an important investment.

Costs

Revenues from player wages reached € 455 million, 54% of revenues, a strong balance compared to previous years. In 2022 the index was 72%.

Wages / Operating revenues - In %

Club presented high investments in the stadium project, as demonstrated by the values moved from 2022 to 2023.?

Real Madrid negotiated for 20 years with U.S. companies Sixth Street and Legends and raised the necessary funds to be able to do the stadium transformation.

Cash & Banks- € million

Tax impact

An interesting fact published by the club was its fiscal impact, in amounts passed on to the Spanish government. A total of € 342 million.

A € 294 million referring to taxes on wages and social security and another € 48 million in VAT.

Net profits

Real Madrid continues to close the season with profits, also in the pandemic, when many teams accumulated deep losses.

In 2023 the net profits reached €11.8 million, and in 2022, €12.9 million.

In the last 14 years Real accumulated € 373 million in net profits, ?and in the last 5 years, two of which are from COVID-19, € 64 million.