Real Madrid became the first soccer team to register one billion euros ($1.04 billion) in revenue in a single season in 2023-24, with the Spanish side topping the Deloitte Football Money League as the world's highest revenue-generating club once again.

Winning both LaLiga and the Champions League last season, Deloitte found Real Madrid recorded record earnings of €1,045bn - beating out Manchester City's €837m.

The Spanish club overtook Manchester City to return to the top in the 2022-23 season after generating €831m. Read more at straitstimes.com.

Real Madrid have become the first club to record over €1 billion in annual revenue in the Deloitte Football Money League, the consulting firm said on Thursday.

Real Madrid become the first football club to generate more than 1bn euros in annual revenue, according to analysis by Deloitte.

Real Madrid have made history in financial terms, becoming the first club to surpass €1 billion in operating income, according to Football Benchmark’s 2025 Champions Report, as relayed by