Third year in a row – Real Madrid record highest revenue in world football at €1.161bn | OneFootball

For a third consecutive year, Real Madrid have emerged as the leader in world football when it comes to revenue.

Indeed, as per Deloitte’s ‘Football Money League’ report (h/t AS), Los Blancos have finished as the football team with the highest revenue worldwide.

The club presided over by Florentino Perez generated €1.161 billion during the 2024-25 season, an increase of €115.5 million compared to the 2023-24 campaign.

This figure is almost €200 million more than the second-placed club, FC Barcelona, who recorded revenues of €974.8 million, and far ahead of the most powerful clubs in the Premier League. For example, Liverpool, ranked fifth, generated €836.1 million.

Despite failing to win any major trophies during the season, Real Madrid once again achieved outstanding financial results. This underlines its ability to adapt to the new reality of the football industry.

Outperforming all clubs in terms of revenue. (Photo by David Ramos/Getty Images)

As Deloitte points out, the three main revenue streams in football “grew to unprecedented levels”.

Real Madrid were able to capitalise on this environment, consolidating their global leadership in revenue generation, from the new income created by the exploitation of the Santiago Bernabeu to participation in the Club World Cup and the Champions League.

According to the report, the key to Real Madrid’s success lies in commercial revenues, which increased by 23%, to around €570 million (£499 million). This rise was driven by “improved merchandising sales and new commercial partners”.

The Spanish capital club also generated €323 million (£281 million) from broadcast revenue. It places them at the top of the list in both categories.