Real Madrid become first football club to generate more than €1bn in revenue

Manchester City second in list with £708m earningsTop 20 revenue-generating clubs made £9.46bn last year

Real Madrid became the first football club to surpass €1bn (£844m) in revenue in a season when they substantially increased their financial firepower over their major European rivals.

According to the latest Deloitte Football Money League report, Madrid made €1.046bn (£883m) in the 2023-24 season, fuelled by match-day revenue doubling to €248m after the completion of renovations to the Bernabéu and a 19% increase in commercial revenue. They ended the campaign as winners of the Champions League, La Liga and the Spanish Super Cup.

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