The board of directors of Real Madrid CF has formulated the annual accounts for the 2023-2024 financial year in a meeting held on Tuesday.<\/p>\r\n\r\n
Revenue for the 2023\/24 season, excluding players tranfers, reached to 1.073 billion euros, which is 27 per cent more than the previous year, according to the data available on the club's website.<\/p>\r\n\r\n
\"Operating income (before disposal of fixed assets) for the 2023\/24 financial year reached 1,073 million euros, representing an increase of 230 million euros (27%) compared to the 2022\/23 financial year. In this financial year, despite the stadium not yet being fully operational, the Club has managed to exceed the 1 billion euros mark for operating income before disposal of fixed assets, a figure not previously achieved by any football club,\" it said in a realese.<\/p>\r\n\r\n
The club closes the 2023\/24 financial year with a profit after tax of 16 million euros, 32% higher than the previous year (12 million euros). Moreover, it maintained a financial situation with a net worth of 574 million euros.<\/p>\r\n\r\n
Real Madrid's contribution to tax and social security revenues in the 2023\/24 financial year has amounted to 277.1 million euros.<\/p>\r\n\r\n
The club closes the 2023\/24 financial year with a profit after tax of 16 million euros, 32% higher than the previous year (12 million euros). Moreover, it maintained a financial situation with a net worth of 574 million euros.<\/p>\r\n\r\n