Real Madrid becomes first club to surpass €1.2bn revenue

Spanish football powerhouse Real Madrid announced on Tuesday that it recorded a historic €1.221 billion ($1.39 billion) in revenue during the 2025/2026 season, despite ending the campaign without a major trophy.

In a statement, the club said its operating income, excluding revenue from player sales, rose by 3.1% compared with the previous financial year, reaching the record figure.

Real Madrid said the milestone made it the first sports organisation in the world to surpass the €1.2 billion revenue mark, further strengthening its status as the highest-earning club in global sports.

The Spanish giants also reported a €26 million ($30 million) after-tax profit, representing an 8% increase from the previous season.

The club’s financial growth was driven largely by increased earnings from the upgraded Santiago Bernabéu stadium, which generated €363 million ($413 million) — an 11% rise — as well as additional sponsorship deals.

Madrid appointed José Mourinho as head coach in June to replace Álvaro Arbeloa after two seasons without a major title. The club has already strengthened its squad this summer with signings including Bernardo Silva and Marc Cucurella.

Reports also indicate that Real Madrid have reached an agreement in principle for RB Leipzig winger Yan Diomande, while Manchester City midfielder Rodri remains among the players linked with a possible move as the club continues rebuilding its squad.