Real Madrid

ES · club only (individual accounts). the club is an association (entidad deportiva), not a company. in 2020/21 it did not consolidate its only subsidiary, real madrid consulting (beijing) co. ltd, using the immateriality exemption of rd 1159/2010 art. 7.

ES · group (consolidated) from 2021/22: real madrid club de fútbol (parent), real madrid estadio s.l.u. (100%, set up 27/08/2021 to run vip, general-capacity and non-matchday stadium business), real madrid beijing co. ltd (100%) and, from 31/10/2023, aparcamientos del santiago bernabéu s.l. (98% through real madrid estadio, 2% saba aparcamientos, minority interest).