{"id":485561,"date":"2024-07-23T15:23:16","date_gmt":"2024-07-23T19:23:16","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=485561"},"modified":"2024-07-23T15:25:14","modified_gmt":"2024-07-23T19:25:14","slug":"real-madrid-surpasses-e1-billion-in-revenue-for-2023-24-season","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/real-madrid-surpasses-e1-billion-in-revenue-for-2023-24-season\/","title":{"rendered":"Real Madrid surpasses \u20ac1 billion in revenue for 2023-24 season"},"content":{"rendered":"<p>Real Madrid has made history by surpassing \u20ac1 billion ($1.085 billion) in revenue for the 2023-24 season, according to the club\u2019s annual accounts.<\/p>\n<p>Excluding player transfers, the club\u2019s revenue reached \u20ac1.073 billion ($1.16 billion), marking a significant 27% increase from the previous year despite ongoing renovations at their stadium.<\/p>\n<p>The club reported a profit of \u20ac16 million ($17.3 million) for the fiscal year, with a net worth of \u20ac574 million ($623 million) and a net debt of just \u20ac8 million ($8.6 million) as of June 30, 2024. Real Madrid claims to be the first football club to exceed \u20ac1 billion in revenue.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8BREAKING: Real Madrid announce that income from 2023\/24 season, without counting transfers, is \u20ac1.07 BILLION.<\/p>\n<p>27% more than the previous season. <a href=\"https:\/\/t.co\/sTTjeCQfL7\" target=\"_blank\">pic.twitter.com\/sTTjeCQfL7<\/a><\/p>\n<p>\u2014 Madrid Zone (@theMadridZone) <a href=\"https:\/\/twitter.com\/theMadridZone\/status\/1815803307517993144?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On the field, Real Madrid enjoyed a successful campaign, securing their sixth Champions League title in a decade, alongside victories in La Liga and the Super Cup. The basketball team also shone, capturing the Spanish league title, the King\u2019s Cup, and the Spanish Super Cup, and reaching the Euroleague finals.<\/p>\n<p>Operating income surged by \u20ac230 million ($249 million) compared to the 2022-23 season. The club attributed the revenue increase to growth across various business lines, particularly in marketing and stadium-related income. While broadcasting revenues from La Liga saw a decline, enhanced marketing efforts and sponsorship deals, such as the new HP shirt sleeve sponsorship, significantly bolstered the club\u2019s financial performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real Madrid has made history by surpassing \u20ac1 billion ($1.085 billion) in revenue for the 2023-24 season, according to the club\u2019s annual accounts. [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":485562,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17375],"news_category":[137,14235,16715],"gn_keywords":[327],"acf":{"announce":"Los Blancos hit historic record, being the first football club going beyond the \u20ac1 billion mark","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/485561"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=485561"}],"version-history":[{"count":3,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/485561\/revisions"}],"predecessor-version":[{"id":485565,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/485561\/revisions\/485565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/485562"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=485561"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=485561"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=485561"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=485561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}