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https://t.co/4cGJbaiJHhpericpartners.com Dubai, Zagreb, LondonJoined September 2025
@realmadrid generated €1,161M last season.
Operating profit: €159M (13.7% margin).
Commercial revenue alone: €568M.
That last figure exceeds the entire revenue of 12 of the 20 top European clubs
€12.4Bn — top 20 European football clubs combined revenue last season. Record high.
The top 5 alone generated €4.67Bn.
More than the bottom 15 combined.
The actual shape of European football economics 🧵
Top 5:
@realmadrid €1,161M
@FCBarcelona €975M
@FCBayernEN €861M
@PSG_English €837M
@LFC €836M
Source: Deloitte Football Money League 2026.
This is part of The Margin Project — investigating European football's operating economics.
DM 'Cohort' for the 10-page Top-20 Cohort dataset
@angelphysio You would recommend Madrid dont sign Gvardiol, arguably one of the highest potential defenders in the world, due to a Tibia fracture? Many athletes have suffered similar injuries and bounced back, seems harsh
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