Unspecified 'other operating expenses' have formed a bigger part of Madrid's cost base since 2017

'Other operating expenses' as a proportion of Madrid's total operating costs, 2011-12 to 2024-25

Stacked area line chart of Real Madrid's operating costs, split out to show the growth of unspecified 'other operating expenses' proportion to the operating cost base since 2017.

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Note: By way of example, in 2024-25, €102million of 'other operating expenses' made up 22 per cent of Madrid's total operating costs. At its peak in 2021-22, the proportion was 43 per cent.

Source: club financial statements