Real Madrid: total club debt reaches 1.78 billion euros, including Bernabéu

As of December 31, 2025, Real Madrid had a total debt of €1.78 billion, including €467 million in short-term and €1.312 billion in long-term liabilities. The club's cash reserves plummeted to €3.4 million from €175.8 million six months earlier, driven by repayments on the Bernabéu renovation loan. Net profit for the July-December 2025 half-year fell to €5.2 million from €29.4 million a year earlier, while half-year revenue dropped 3.1% to €571.3 million. The full 2024-2025 fiscal year showed solid fundamentals with €1.185 billion in revenue and €24 million net profit, but the tight liquidity raises questions about debt sustainability.