Real Betis Balompié: a turnover of €148.7m (+23.8%) and net profit of €170,674 in 2022-23

Real Betis Balompié (LALIGA EA Sports) posted a turnover of €148.7m for the financial year 2022-23 (from 01/07/2022 to 30/06/2023), up 23.8% on 2021-22 (€120.1m), according to the accounts published by the club on 14/12/2023.

This increase was largely driven by a near doubling of commercial revenues to €31.2m in 2022-23, compared to €15.9m at the end of the previous financial year. Other sources of revenue have also increased, with TV rights revenue remaining the most substantial (€71.4m).

The club's wage bill is down by almost €10m, from €88.4m to €78.9m in 2022-23.

Real Betis also posted a net profit of €170,674, compared with a net loss of €38.2m in 2021-22, and their net debt is down from €147m in 2021-22 to €105m as of 30/06/2023.

• Real Betis Balompié finished 6^th in the 2022-23 LALIGA EA Sports, with 60 points (17 wins, 9 draws, 12 losses).
  • The club was eliminated in the Round of 16 of the Copa del Rey.
• Real Betis also qualified for the 2022-23 Europa League, and was eliminated in the Round of 16 by Manchester United FC (Premier League).
• Betis is competing in the…