Real Madrid are without a doubt, one of the most richest clubs in the history of the sport. It isn’t difficult to see that it requires an enormous sum of money to maintain, pay off and sign some of the biggest names in the sport over a span of decades. From Cristiano Ronaldo to Kylian Mbappe and the Galacticos, some of the biggest names in football have worn a Real Madrid shirt.
Recently, the club released official communication stating that they surpassed €1 billion in revenue for the first time! They also became the first club in history to achieve this remarkable feat. Real Madrid have none other than club President Florentino Perez to thank for the same. The 77-year-old is a shrewd businessman who seldom walks away from a deal without getting his way.
The signing of Kylian Mbappe for free and profitable business with other clubs are just a few examples of how the club has managed to pull off such an unbelievable sum in revenue. Other sources of income for the club include sponsorship deals, television rights and other ownership deals.
Their Revenue could pay off Barcelona's debts… almost 💀😭
— Mij (@AFCMijresra) July 23, 2024The renovated Santiago Bernabeu can also host several other sports and concerts as well.
Fans react to Real Madrid crossing €1 billion in revenue
Crossing the €1 billion threshold is no simple feat even for a club like Real Madrid. As the club crossed the remarkable milestone, a fan claimed that Los Blancos earn enough in revenue to nearly pay off the entirety of FC Barcelona‘s debts. Others laughed at how Real Madrid have managed to pull away so evidently from their rivals both in terms of success as well as revenue.
A significant proportion of the praise was handed to Florentino Perez for his brutal way of doing business with other clubs. However, rival fans were unbothered about the same and claimed that their empire will crumble to ashes as soon as Mbappe fails to click with his teammates. Many were shocked to see that Madrid saw a 27% jump in revenue as compared to the 2022/23 season.
Real Madrid is the second biggest club in the world after Manchester United.
— REECY (@UTDReecy) July 23, 2024No one comes close to Real Madrid & they’re just so far ahead of the rest.
— Al Nassr Zone (@TheNassrZone) July 23, 2024It’s who they are.. with all these trophies, why not??
— Smaj Eleyigidigan (@SmajOfficial) July 23, 2024This man making some money unlike Barca
— Jenya Kazem (@JenyaKaz97) July 23, 2024And they got mbappe for free! We’re cooked
— Tboysquare (@tboysquare) July 23, 2024Madrid fans took control of the opportunity to boast about their club’s success in every aspect of the game. However, several Manchester United fans claimed that their club surpassed this milestone prior to Real and that they are the biggest club in the world. Fans concluded that Real Madrid are the epitome of how a successful football club has to be run.
In case you missed it :
ncG1vNJzZmiemafAtb%2FPqKmtsl6YvK570Z6YpWWdlrGztcNmaGaamaG5qrvNZqmerpWjwqZ5xZqZq6Gqnrxuvs6mmKenXZuur7%2BMq5yam6Rk