FC Barcelona vs Real Madrid finances: revenue, debt, wages, grade

FC Barcelona vs Real Madrid: the money gapEl Clásico. Played Sunday 25 October 2026 in La Liga. This page is about the money gap, not the result. Cited figures from each club's grade card. No predictions.FC Barcelona: grade B (79.0/100)

Revenue: Earned €974.8m in 2024-25: one of the biggest earners in La Liga (ahead of 95% of the league's other clubs we track). Score 97/100. Source: Deloitte Football Money League 2026 (2024/25 football operations), 2024-25, reported

Net debt: Net debt of €469.0m equals about 48% of a year's revenue: manageable. Score 55/100. Source: FC Barcelona Ordinary General Assembly — 2024/25 accounts (treasurer Ferran Olivé), 2025-06-30, reported

Wages: First-team pay of about €222.0m takes roughly 23% of revenue: normal (player pay only, not all staff). Score 77/100. Source: Capology via Sportingpedia, as of 2025-12-08, estimated

3-season net transfer spend: Sold more than it bought over the last 3 seasons: transfers aren't adding pressure. Score 100/100. Source: Transfermarkt net spend 2023-24 -€98.3m, 2024-25 -€0.3m, 2025-26 -€3.7m, reported

Real Madrid: grade A (85.0/100)

Revenue: Earned €1.16bn in 2024-25: one of the biggest earners in La Liga (ahead of 100% of the league's other clubs we track). Score 100/100. Source: Deloitte Football Money League 2026 (2024/25 football operations), 2024-25, reported

Net debt: Net debt is €11.7m: basically no borrowing to worry about. Score 99/100. Source: Real Madrid C.F. — 2024/25 annual accounts (Board 17 July 2025), 2025-06-30, reported

Wages: First-team pay of about €309.6m takes roughly 27% of revenue: normal (player pay only, not all staff). Score 65/100. Source: Capology via Sportingpedia, as of 2025-12-08, estimated

3-season net transfer spend: Net transfer spend averaged about 7% of revenue a season over 3 seasons: modest. Score 79/100. Source: Transfermarkt net spend 2023-24 €148.5m, 2024-25 -€33.0m, 2025-26 €128.0m, reported

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