Real Madrid announced a profit of 11.8 million euros ($13.25 million) for the 2022-23 financial year, slightly lower than the previous season's profit despite increased revenue.
The club's ability to maintain profitability over the last four years is notable considering the challenges posed by the COVID-19 pandemic and the substantial 893 million euros renovation project underway at their Bernabeu stadium, which is expected to be completed by the end of 2023.
