A report issued by Real Madrid revealed that the total salary bill rose significantly during the first half of the 2025-2026 season, reaching €277.5 million between July and December 2025, an increase of €38 million compared to the same period last season, an increase of 16%.
The report explained that the increase in salaries is mainly due to the renewal of player contracts and the conclusion of new deals in the first team, including players such as: “Dean Huysen,” “Trent Alexander-Arnold,” “Alvaro Carreras” and “Franco Mastantuno,” in addition to the renewal of the contract of team captain “Dani Carvajal.” The basketball team’s salaries also witnessed an increase of approximately 7.8 million euros, reaching 25.1 million euros, while the largest share of salaries remained related to football, as its bill reached 252.5 million euros in just six months.
Although the club continued to achieve profits, its profits before taxes fell by 84% to 6.1 million euros compared to “38.3 million euros” in the same period of the previous season, as a result of higher salaries and a decrease in total revenues to 571.3 million euros, recording a decrease of 18.5 million euros, especially from marketing and sponsorship sources.
The ratio of salaries to revenues increased to 49%, and depreciation costs related to transfers increased to 76.6 million euros. The data showed a decrease in available cash liquidity to 3.5 million euros, amid large payments allocated for transfers and infrastructure, which forced the club to borrow an additional 55.5 million euros during the first half of the season, bringing the total financial debt to 1.336 billion euros.
Real Madrid confirms that the completion of the Santiago Bernabeu stadium development project will represent a decisive factor in enhancing revenues in the future, with additional credit lines available amounting to 376 million euros that can be utilized when needed.
