According to a recent financial report that was made public by Deloitte, Real Madrid achieved a new high in terms of revenue during the 2022–2023 season.
Deloitte publishes a Football Money League on an annual basis. This Football Money League is a comprehensive case study that provides an annual profile of the clubs that generate the most revenue while playing football around the world.
It is quite interesting to note that the total revenue generated by the top 20 clubs reached an astounding €10.5 billion, which represents a 14% increase over the previous year’s figures.
To what extent did Real Madrid make money?
According to the report, Real Madrid earned 831.4 million euros, which is the highest amount ever earned by any team in the world. The Los Blancos were closely followed by Manchester City, which had an income of 825.9 million euros. Pep Guardiola guided Manchester City to the top spot.
“For the first time since 2017/18,” read a statement from Deloitte, “Real Madrid has surpassed Manchester City to become the highest-revenue-generating football club in 2022/23.” This is the first time that Real Madrid has achieved this distinction.
Record revenues of 831 million euros were recorded by Real Madrid, representing an increase of 118 million euros in comparison to the previous year. In addition, the club’s expansion can be largely attributed to the club’s strong performance in the retail sector as well as the increased stadium attendance that occurred after COVID-19 restrictions were relaxed.
In addition, Paris Saint-Germain has a total of 801.8 million euros, which places them in third place for the very first time during this season. With a total of 800.1 million euros, Barcelona moved up to the fourth spot. During this time period, the Blaugrana made significant progress, climbing from seventh place to fourth place in the ranking.
It should be brought to your attention that Real Madrid has made significant changes to their transfer policy in comparison to previous years. In this regard, the player who cost them the most money during the summer of 2017 was Jude Bellingham, who was acquired for an initial fee of 103 million euros.
Despite this spending, however, their net spending in player transfers since 2014 is still significantly lower than that of teams such as Manchester United, Manchester City, Chelsea, Arsenal, Paris Saint-Germain, and even Tottenham Hotspur and West Ham United, for that matter.