TA: Real Madrid is the first football team in the world with revenue exceeding 1 billion euros in a single season and has 100,000 members.

On October 16, TA reported the current basic situation of Real Madrid Club. The team currently has about 100,000 members, but only about 2,000 "representative members" can exercise voting rights at the annual general meeting.

Although this model is a proud tradition of the club, under Florentino's two decades of management at the club, his personal influence is huge, and the board's proposals are almost always passed overwhelmingly, with very little public dissent.

Financially, Real Madrid has achieved great success and is the first football club in the world to have revenue exceed 1 billion euros in a single season. However, the club has begun to bring in external capital to pay for the €1.8 billion renovation of the Santiago Bernabeu Stadium.

They have reached an agreement with the American private equity group Providence and investor Sixth Street, and obtained more than 600 million euros in funding by selling part of future sponsorship revenue and venue revenue.

In addition, the club has also cooperated with Legends, a venue management company controlled by SixthStreet, and established an independent "Bernabeu" brand company, which is responsible for operating non-football activities such as Taylor Swift concerts and NFL games to maximize revenue.

Although Florentino publicly declares that his fight with La Liga and UEFA is to defend the membership system, he has also constantly emphasized that this traditional model has become a shackles for clubs when competing with opponents supported by the state or wealthy people in the transfer market.