Real Madrid first club to generate billion-euro revenue in a season
Briefly

Real Madrid tops Deloitte's Football Money League, becoming the first club to exceed a billion euros in revenue, mainly due to the renovated Santiago Bernabeu Stadium. The club's revenue reached €1.05 billion ($1.09bn), with a significant increase in matchday earnings resulting from the stadium renovation. Despite facing issues with noise complaints affecting concerts, Madrid aims to maximize its stadium's potential. Other clubs are following suit by evolving their stadiums into multifunctional venues, enhancing revenue opportunities through diverse events and partnerships.
Real Madrid has become the first football club to surpass a billion euros in revenue in a single season, largely driven by the revamped Santiago Bernabeu Stadium.
The gap of $216 million between Real Madrid and Manchester City is the largest Deloitte has ever recorded, highlighting Madrid's financial dominance.
With over $1 billion in loans for renovations, the Santiago Bernabeu Stadium has transformed into a major source of revenue, significantly doubling matchday revenues.
Football clubs are increasingly recognizing their stadiums as multiuse entertainment venues, extending beyond matchday profits to attract new visitors and sponsors.
Read at www.aljazeera.com
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