2023-07-17 18:15:00
July 17, 2023 at 8:15 PM by Thomas
Real Madrid always make more money…
The Real Madrid generates record revenue from its subscribers for the 2023-2024 season. According to information from Mundo Deportivo, the Madrid club have already collected 180 million euros thanks to subscriptions, which represents 23% of the club’s total budget for the current season, estimated at 750 million euros.
€180 million in revenue at Real Madrid from subscriptions alone
The most expensive subscriptions are in the Tribune area, with a cost of 2,307 euros, or 3,007 euros for the Euro-subscription, which includes matches in European competitions. Prices then vary according to the different sections of the stadium, with prices ranging from 1,685 euros to 484 euros, depending on the location of the seats and whether or not European fixtures are included.
Strong growth in turnover
These figures confirm Real Madrid’s good financial results in the first half of the year. The club recorded a profit of €44 million over this period, compared to €1.5 million in the same period the previous season. This improvement is due in particular to the increase in turnover, which rose from 358.7 million euros to 400 million euros, as well as to the transfers of players made during the summer transfer window.
At the same time, the Santiago-Bernabeu stadium continues its transformation
At the same time, Real Madrid is continuing the renovation of its emblematic stadium, the Santiago Bernabéu, the completion of which is scheduled for the second half of 2023. The financing of the project, for a total amount of 575 million euros over a period thirty years old, was approved by the club’s board of directors on April 12, 2019.
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