Madrid's spending on players as a proportion of turnover has fallen significantly

Real Madrid football staff wages and transfer fee amortisation as percentage of revenue, 2015-16 to 2024-25

Line chart of Real Madrid's football-related spending as a proportion of turnover, where the percentage was 43% in 2024-25 and has fallen significantly in recent seasons

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Note: Football staff wages comprise personnel costs related to players and coaching staff across both men's and women's teams, but exclude basketball and non-sporting staff. Transfer fee amortisation includes football-related costs only and again excludes both basketball and other non-sporting amortisation.

Source: club financial statements