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.

The order of the clubs at the top of Deloitte's annual Football Money League stayed the same, with Madrid (1.05 billion euros, $1.09 billion) followed by Premier League champions Manchester City (838 million euros) and Paris Saint-Germain (806 million euros).

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

Real Madrid had overtaken Manchester City to return to the summit after they generated total revenue of 831 million euros in the 2022-23 season

The Taylor Swift effect and further revenue away from soccer have helped Los Blancos, with the Miami Dolphins' home game later this year only expected to help keep them at the top.

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 has made history by becoming the first football club to surpass €1 billion in annual revenue, according to The post Real Madrid Becomes First Football Club to Generate €1 Billion in Annual Revenue first appeared on Africa Top Sports.