Real Madrid CF: a record projected budget of €1.127bn for the 2024-25 financial year

Real Madrid CF's (LALIGA EA Sports) representative members at the club's ordinary general assembly, held in the basketball pavilion at the club's training centre, approved (with 99.5% of votes in favour) a record projected budget (excluding transfers) of €1.127bn for the 2024-25 financial year (from 01/07/2024 to 30/06/2025), on 24/11/2024.

Real Madrid, who had already broken their record for revenue generated by becoming the first football club to reach €1bn in revenue (€1.073bn) in 2023-24, expect to improve their turnover by 5% the following season. The Madrid club also expects to improve EBITDA to €246.5m in 2024-25 (compared with €156.3m in 2023-24, an increase of 57%), and plans to record a profit of €20.2m (€15.6m in 2023-24).

Real Madrid's representative members have also approved:
• the accounts for the 2023-24 financial year (99.5% in favour);
• a personnel expenses/operating income ratio of 47% in 2023-24 (54% in 2022-23);
• stable net equity of €574m (compared with €558.3m at 30/06/2023), but a sharp fall in cash and cash equivalents to €82m from €128.2m at the end of the…