Atletico Madrid increases revenue and reduces debt in the 23-24 season
Atletico Madrid has had a great growth in recent years, and in the last exercise of the 23-24 season, it has obtained profits of 980,000 euros before taxes. In addition, it has reduced its net financial debt from 514 to 509 million euros, thanks to a 10% increase in the business figure.
The net amount of the business figure has gone from 378 million euros to 424, with an increase of 10 million euros in commercialization income. The cost of the squad is 329 million euros, of which 308 belong to the cost of footballers.
The club has spent 4.4 million euros on representatives, a similar expense to the previous season. These data show the great growth of Atletico Madrid in recent years, which will be more noticeable next season due to the cost of the squad and the recent change of naming in the stadium.
