Real Madrid official: Total revenue in fiscal year 24/25 was 1.185 billion euros, and pre-tax profit was 243 million euros

July 18th News Real Madrid Club released its revenue data for the previous fiscal year (FY24/25) on its official website.

For the entire fiscal year 24/25, excluding player transfer income, Real Madrid Club's total revenue was 1.185 billion euros, an increase of 10% over the previous fiscal year; profits before interest, taxes, depreciation and amortization (EBITDA) reached a record 243 million euros, and EBITDA was 208 million euros before disposal.

Club still maintains its solid and healthy financial status, with €598 million cash assets, and €166 million cash equivalents, and €12 million net liabilities (debt/EBITDA ratio 0.0x). The board of directors of Real Madrid Football Club met on July 17 to prepare the annual financial report for the 24/2025 fiscal year.

In the field of sports, the first team won the UEFA Super Cup and Intercontinental Cup, reached the quarterfinals of the UEFA Champions League and the Copa del Rey, and finished second in the league. The first team basketball team won the ACB League championship and reached the quarter-finals of the European Basketball League.

Similarly, the club's first team also participated in the first New World Club Cup and eventually entered the semi-finals of the event. Given that the event began in the fiscal year 2024/25 and ended in the fiscal year 2025/26, the club's revenue and expenditure in the first part of the event have been recorded in the fiscal year 2024/25, while the club's revenue and expenditure in the second part of the event will be recorded in the fiscal year 2025/26.

Real Madrid Club increased the club's cash revenue by 84 million euros through operational management and continuous operation activities, bringing the club's cash balance to 166 million euros. As of June 30, 2025, the club still has 425 million euros of unused credit expectations. These available funds enable it to easily meet the expected payment commitments.

Real Madrid contributed €356.2 million to tax and social security income in fiscal year 2024/25. The Bernabeu Stadium renovation project gradually completed work related to the project's structural components (exterior walls, roofs, telescopic lawns) in fiscal year 2023/24. The implementation of commercial development projects (VIP area, tourism, experience, activities, catering, shops) has also made significant progress, which are the main contents of this renovation project.

As of June 30, 2024, 1.163 billion euros have been invested. In fiscal year 2024/25, we continue to carry out various work, especially in commercial development, with the aim of finally completing the project. As of June 30, 2025, the investment amount has reached 1.347 billion euros, close to the final total investment amount.

As for the loan, by November 2023, all loans of 1.17 billion euros have been in place. In addition, after the club paid only interest in fiscal years 2020/21, 2021/22 and 2022/23, it began to repay the loan principal of 15 million euros in fiscal years 2023/24, and another 23 million euros in fiscal years 2024/25. As of June 30, 2025, the outstanding loan balance was 1.132 billion euros.

Work Outlook for the Next Fiscal Year The final phase of the stadium renovation will be completed in fiscal 2025/26, including some restoration works and concert noise reduction measures.

While waiting for the concert to resume under approval conditions, the club expects further revenue from VIP seating, RM experience and other stadium marketing activities to highlight the importance of hosting NFL games at the stadium.

In terms of commercial activities, the club is expected to continue to increase sponsorship and merchandise sales revenue, thanks to the composition of the team, the success of the sporting event and the positive image brought by the remodeled stadium.

In competitive sports, the club intends to continue to strengthen and develop its sports model to maintain the success of football and basketball, both of which have achieved remarkable achievements throughout the club's history, especially in recent years. In this regard, the club has strengthened the team by adding new players and coaches.