The nickname “Galáctico” not only suits the real Madrid in the sporting part, but also in the area of finances.
The white team’s income in the 2022-2023 season exceeded those registered by all the European clubs that won the title of champion in their respective leagues, according to the report The European Champions, prepared by Football Benchmark.
The white team closed last season with a turnover of 830 million euros, up to four million more than Manchester City F.C.. The citizen team was the European champion with the highest income in 2022-2023.
The team coached by Pep Guardiola, however, remained the champion with the highest market value in terms of the squad, with 1,414 million euros, compared to Paris Saint-Germain’s 1,152 million euros.
The 17% increase in Real Madrid’s income translated into a net profit of 12 million euros. In parallel, the white team’s net debt continued to be negative, placing it in a net liquidity position of negative 47 million euros as of June 30, 2023.
President, Florentino Perezstressed that the club “maintains a solid financial situation with a net worth of 558 million euros.”
Real Madrid seeks to be the first club in the world to invoice more than 1,000 million euros in 2023-2024
The report also analyzes the financial situation with which Barcelona closed last year. “Despite winning the title comfortably and increasing operating income by 26% year-on-year, up to 800 million euros, that turnover was lower than that of its rival, Real Madrid,” according to the Football Benchmark report.
The Blaugrana club also recorded around 200 million more in personnel costs than the white team, with 639 million euros compared to 453 million euros for Real Madrid, which represents the highest growth of this chapter in the report, with an increase of 39% year-on-year.
One of Real Madrid’s important sources of income is its lower divisions, nicknamed La Fábrica. The white team, which occupies fourth position in the ranking of the Football Observatory Weekly Post report prepared by Cies, earned 364 million euros between 2013 and 2023 from the sale of players who spent at least three seasons between the ages of 15 and 2023. 21 years old.
Looking ahead to this season, the team chaired by Florentino Pérez aims to be the first club in the world to have a turnover of more than 1,000 million euros. Of the total, Real Madrid has already received 180 million euros in subscriptions, which represents 23% of the total budget, which rises to 750 million euros for the current season.
Source: Ambito
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