Real Sociedad
Tier 1LaLigaDonostia/San Sebastián, País Vasco, SpainOn the globe
- Founded
- 7 September 1909
- Ground
- Estadio Municipal de Anoeta40,000 seats · opened 1993
- Full name
- Real Sociedad de Fútbol
- Website
- realsociedad.com
- Reserve sides
- Real Sociedad B, Real Sociedad C
Who owns Real Sociedad
Widely held; La Voz de Galicia reports a 2% cap on any shareholder and about 30% controlled by the board around president Jokin Aperribay.
No single controlling owner
As of November 2023Medium confidenceSource: La Voz de Galicia
Real Sociedad’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
Against its tier
Real Sociedad's revenue of €126.5m is the 4th highest of the 20 LaLiga clubs with published accounts
In 2024-25 it spent €0.77 on staff for every €1 of revenue; the typical LaLiga club spent €0.73.
- Real Sociedad
- Other LaLiga clubs
- Equity
- €92.7m
- accounts, 2024-25
- Squad cost limit
- €128.3m
- maximum, 2025-26
The accounts
Real Sociedad de Fútbol, S.A.D., the entity that fields the team · 2020-21 to 2024-25
| Line | 2024-25Tier 1 · audited | 2023-24Tier 1 · audited | 2022-23Tier 1 · audited | 2021-22Tier 1 · audited | 2020-21Tier 1 · audited |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €126.5m | €160.5m | €111.1m | €113.1m | €87.2m |
| TV money | €69.0m | €78.3m1 | €66.0m | €75.1m | €61.7m2 |
| UEFA money | €20.1m3 | €44.5m4 | €15.2m3 | €9.10m3 | €12.0m5 |
| Matchday | €18.3m6 | €17.0m7 | €13.0m8 | €15.5m9 | €1.56m10 |
| Sponsorship | €5.98m11 | €5.59m12 | €4.78m13 | €4.78m14 | €3.92m15 |
| Commercial | €13.2m16 | €15.2m17 | €12.1m18 | €8.65m19 | €7.99m20 |
| Subsidies | €1.27m | €1.37m | €1.03m | €968k | €951k |
| Other revenue | €11.3m21 | €10.1m21 | €3.90m21 | €5.24m21 | €2.41m21 |
| Player sales | €63.2m22 | €7.37m23 | €47.8m24 | €10.1m25 | €14.2m26 |
| Staff costs | €97.6m | €103.7m | €93.8m | €92.2m | €70.7m |
| Wage bill | €91.6m27 | €98.5m28 | €89.7m29 | €88.6m30 | €67.5m31 |
| Players' wages | €81.4m32 | €89.5m33 | €82.0m34 | €82.9m35 | €63.2m36 |
| Other operating costs | €56.0m37 | €43.6m | €34.5m | €25.5m | €18.4m38 |
| Travel | €6.77m | €6.47m | €3.46m | €2.91m | €3.08m |
| Player amortisation | €23.2m | €18.9m | €20.1m | €17.5m | €17.2m |
| Other depreciation | €5.25m | €5.26m | €5.28m | €5.01m | €5.15m |
| Operating result | €16.7m | €2.87m | €7.52m | −€5.74m | −€6.14m |
| Financial result | −€1.25m | −€1.67m | −€1.77m | −€371k | −€821k |
| Result before tax | €15.5m | €1.20m | €5.75m | −€6.11m | −€6.96m |
| Income tax | −€1.51m | €0 | €0 | −€1.81m39 | −€2.36m39 |
| Net result | €17.0m | €1.20m | €5.75m | −€4.30m | −€4.60m |
| Balance sheet | |||||
| Total assets | €303.9m | €259.6m | €274.1m | €229.3m | €189.3m |
| Non-current assets | €262.7m | €206.7m | €214.6m | €183.6m | €160.2m |
| Player registrations (book value) | €80.6m | €57.1m | €63.2m | €64.9m | €51.3m |
| Property and equipment | €107.5m | €97.5m | €89.1m | €82.7m | €79.2m |
| Current assets | €41.2m | €52.9m | €59.5m | €45.7m | €29.1m |
| Transfer fees receivable | €72.9m40 | €45.7m41 | €55.3m42 | €24.9m43 | €17.7m44 |
| Cash | €6.39m | €12.6m | €27.5m | €9.44m | €3.13m |
| Equity | €92.7m45 | €77.9m46 | €75.5m47 | €71.5m48 | €77.5m49 |
| Share capital | €6.72m | €6.72m | €6.72m | €6.72m | €6.72m |
| Liabilities | €211.2m | €181.7m | €198.6m | €157.8m | €111.8m |
| Non-current liabilities | €119.1m | €100.4m | €107.3m | €72.1m | €26.0m |
| Current liabilities | €92.0m | €81.2m | €91.3m | €85.7m | €85.9m |
| Provisions | €1.74m | €1.74m | — | — | — |
| Financial debt | €113.5m50 | €93.7m51 | €89.2m52 | €53.1m53 | €33.4m54 |
| Tax and social security debt | €3.61m55 | €4.02m56 | €2.04m57 | €2.40m57 | €1.77m57 |
| Transfer fees payable | — | — | €29.2m58 | €34.8m59 | €16.4m60 |
| Cash flow | |||||
| Cash from operations | −€11.6m | −€578k | −€10.8m | €5.43m | €709k |
| Cash from investing | −€5.40m | −€19.2m | −€7.85m | −€20.1m | €4.07m |
| Cash from financing | €10.7m | €4.90m | €36.7m | €21.0m | −€11.3m |
| Net change in cash | −€6.24m | −€14.9m | €18.1m61 | €6.31m | −€6.53m |
| Transfers and people | |||||
| Transfer fees paid | €49.4m62 | €23.5m63 | €31.7m64 | €32.4m65 | €21.4m66 |
| Employees | 392.0167 | 370.568 | 335.9569 | 308.7470 | 283.9470 |
| Players | 23.6871 | 23.8371 | 24.2271 | 23.9471 | 24.3271 |
Notes on 71 figures, in the accounts’ own words
- TV money: Includes the UEFA market pool (€6,706,780).
- TV money: Derechos de retransmisión per note 13.5; the income statement shows €66,102,386.89, including €4,409,000 that the note counts as competition income.
- UEFA money: European competition income, under competition income (note 13.5).
- UEFA money: European competition income under competition income (note 13.5); the €6,706,780 market pool is in revenue-tv.
- UEFA money: European competition income, under competition income in note 13.5.
- Matchday: LaLiga €2,551,307.24, Copa del Rey €561,717.91, other competitions and friendlies €64,664.76, season tickets €15,117,290.85 (note 13.5); European competition income is in revenue-uefa.
- Matchday: LaLiga €2,337,074.36, Copa del Rey €149,384.91, other competitions and friendlies €146,085.32, season tickets €14,345,860.83 (note 13.5); European competition income is in revenue-uefa.
- Matchday: LaLiga €2,156,293.96, Copa del Rey €11,023.64, other competitions and friendlies €30,690.32, season tickets €10,846,239.38 (note 13.5); European competition income is in revenue-uefa.
- Matchday: LaLiga €1,478,722.15, Copa del Rey €5,578.51, other competitions and friendlies €34,202.47, season tickets €14,007,308.82 (note 13.5); European competition income is in revenue-uefa.
- Matchday: Supercopa €1,550,000 and season tickets €7,090.91 (note 13.5); matches behind closed doors; European competition income is in revenue-uefa.
- Sponsorship: Ingresos de publicidad; a further €7,459,918.33 of sponsorship is inside commercial revenue (note 13.5).
- Sponsorship: Ingresos de publicidad; a further €8,160,203.38 of sponsorship is inside commercial revenue (note 13.5).
- Sponsorship: Ingresos de publicidad; a further €5,868,057.02 of sponsorship is inside commercial revenue (note 13.5).
- Sponsorship: Ingresos de publicidad; a further €4,439,809.08 of sponsorship is inside commercial revenue (note 13.5).
- Sponsorship: Ingresos de publicidad; a further €4,308,809.08 of sponsorship (main sponsor and stadium naming right) is inside commercial revenue (note 13.5).
- Commercial: Ingresos comerciales: merchandise sales €4,536,177.86, sponsorship €7,459,918.33, other €1,154,639.05 (note 13.5).
- Commercial: Ingresos comerciales: merchandise sales €5,746,722.62, sponsorship €8,160,203.38, other €1,324,872.30 (note 13.5).
- Commercial: Ingresos comerciales: merchandise sales €4,710,617.54, sponsorship €5,868,057.02, other €1,496,145.99 (note 13.5).
- Commercial: Ingresos comerciales: merchandise sales €3,693,287.97, sponsorship €4,439,809.08, other €518,666.26 (note 13.5).
- Commercial: Ingresos comerciales: merchandise sales €3,680,441.83 and sponsorship €4,308,809.08 (note 13.5).
- Other revenue: Ingresos accesorios y otros de gestión corriente.
- Player sales: Gain on player transfers net of book value (resultados por enajenación, traspaso de jugadores, note 13.7). The heading, with −€2,500 of other items, is €63,159,049.80.
- Player sales: Gain on player transfers net of book value (resultados por enajenación, traspaso de jugadores, note 13.7). The heading, with −€512,962.95 of other items, is €6,856,357.99.
- Player sales: Gain on player transfers net of book value (resultados por enajenación, traspaso de jugadores, note 13.7). The heading, with €653,532.87 of loan fees and −€1,785,000 of other items, is €46,713,746.61.
- Player sales: Gain on player transfers net of book value (resultados por enajenación, traspaso de jugadores, note 13.7). The heading, with €3,290,000 of loan fees and €3,036,197 of other items, is €16,381,197.
- Player sales: Gain on player transfers net of book value (resultados por enajenación, traspaso de jugadores, note 13.7). The heading, with €420,000 of loan fees, is €14,646,175.43.
- Wage bill: Sporting €81,367,542.31, non-sporting €10,218,322.44.
- Wage bill: Sporting €89,511,835.44, non-sporting €9,016,914.51.
- Wage bill: Income statement headings: sporting €82,339,817.03, non-sporting €7,352,065.62.
- Wage bill: Income statement headings: sporting €83,193,259.37, non-sporting €5,423,625.07.
- Wage bill: Sporting €63,170,364.21, non-sporting €4,317,334.83.
- Players' wages: Sueldos y salarios plantilla deportiva, all sporting staff (not only the registrable squad), including bonuses €2,394,922.30; social security excluded (note 13.2).
- Players' wages: Sueldos y salarios plantilla deportiva, all sporting staff (not only the registrable squad), including bonuses €6,738,885.51; social security excluded (note 13.2).
- Players' wages: Sueldos y salarios plantilla deportiva per note 13.2 (wages €77,083,956.65, bonuses €4,959,121.50): all sporting staff, social security excluded. The note shows €296,738.88 of the income statement's sporting wages heading (€82,339,817.03) under social charges; LaLiga's registrable squad cost is €72,045,888.87 (note 21.2.2).
- Players' wages: Sueldos y salarios plantilla deportiva per note 13.2 (wages €78,058,431.76, severance €1,915,000, bonuses €2,940,059.61): all sporting staff, social security excluded. The note shows €279,768 of the income statement's sporting wages heading (€83,193,259.37) under social charges.
- Players' wages: Sueldos y salarios plantilla deportiva, all sporting staff (not only the registrable squad), including bonuses €4,024,927.66; social security excluded (note 13.2).
- Other operating costs: Includes a €13,454,293.54 impairment of a sponsor's receivable (note 8.1.4).
- Other operating costs: Includes €850,000 of impairment of trade receivables.
- Income tax: Tax income.
- Transfer fees receivable: Long-term credits from sales of player registrations €51,344,541.63 (note 8.1.2; includes €428,870.72 from the FIFA clearing house and €250,000 from a non-club) and short-term sports entities for transfers and loans €21,548,465.69 (note 8.1.3).
- Transfer fees receivable: Long-term credits from sales of player registrations €28,702,386.87 (note 8.1.2) and short-term sports entities for transfers and loans €16,948,601.15 (note 8.1.3).
- Transfer fees receivable: Entidades deportivas deudoras in the LaLiga net-debt note (note 21.2.3): long-term credits from player sales (note 8.1.2) and short-term sports entities for transfers and loans €20,170,535.75 (note 8.1.3).
- Transfer fees receivable: Entidades deportivas deudoras in the LaLiga net-debt note (note 21.2.3): long-term credits from player sales €6,478,636.36 (note 8.1.2) and short-term sports entities for transfers and loans €18,458,575.93 (note 8.1.3).
- Transfer fees receivable: Long-term credits from sales of player registrations €6,579,512.36 (note 8.1.2) and short-term sports entities for transfers and loans €11,079,512.36 (note 8.1.3).
- Equity: Fondos propios €79,716,615.74; capital grants €13,009,335.39.
- Equity: Fondos propios €63,473,392.41; capital grants €14,399,904.75.
- Equity: Fondos propios €62,276,556.64; capital grants €13,204,712.63.
- Equity: Fondos propios €56,528,627.94; capital grants €14,937,077.94.
- Equity: Fondos propios €60,829,844.81; capital grants €16,650,298.08.
- Financial debt: LaLiga Impulso (CVC) participating loan €97,328,122.65 and short-term bank debt €16,194,051.70 (note 8.2).
- Financial debt: LaLiga Impulso (CVC) participating loan €82,428,167.54 and bank debt €11,289,491.11 (long-term €2,133,456.85, short-term €9,156,034.26) (note 8.2).
- Financial debt: LaLiga Impulso (CVC) participating loan €71,885,156.50 (long-term, note 8.2) and bank loans €17,333,942.80 (long-term €8,120,504.44, short-term €9,213,438.36). The LaLiga net-debt note also lists €1,855,503.46 of short-term debts to sports entities.
- Financial debt: LaLiga Impulso (CVC) participating loan €41,168,960.80 (long-term, note 8.2) and bank loans €11,979,535.42 (long-term €8,615,761.32, short-term €3,363,774.10). The LaLiga net-debt note also lists €1,254,132.60 of short-term debts to sports entities.
- Financial debt: Bank loans: long-term €11,876,152.59, short-term €21,497,395.26 (note 8.2).
- Tax and social security debt: VAT €2,238,500.68, income-tax withholding €490,390.51, Social Security €885,311.03.
- Tax and social security debt: VAT €2,343,258.51, income-tax withholding €1,199,746.24, Social Security €475,829.16.
- Tax and social security debt: Otras deudas con las Administraciones Públicas.
- Transfer fees payable: Debts to clubs for transfers and loans, from the LaLiga net-debt note (note 21.2.3): long-term €17,620,767.12, short-term €11,615,908.22.
- Transfer fees payable: Debts to clubs for transfers and loans, from the LaLiga net-debt note (note 21.2.3): long-term €15,375,000, short-term €19,474,628.03.
- Transfer fees payable: Debts to sports entities for transfers and loans, from the LaLiga net-debt note (note 21.2.3, whole euros): long-term €3,025,000, short-term €13,406,344.
- Net change in cash: The three flows add up to €412 more (exchange differences, not shown as a line).
- Transfer fees paid: Additions to players' registration rights: price €45,757,895, intermediation €3,147,000, other €531,589.04 (note 5).
- Transfer fees paid: Additions to players' registration rights: price €17,510,000, intermediation €2,150,000, other €3,821,267.50 (note 5).
- Transfer fees paid: Additions to players' registration rights: price €29,651,578.34, intermediation €1,975,380.94, other €40,315.06 (note 5).
- Transfer fees paid: Additions to players' registration rights: price €28,162,500, intermediation €910,000, other €3,312,215.73 (note 5).
- Transfer fees paid: Additions to players' registration rights: price €16,159,861.56, intermediation €1,550,000, other €3,724,529.42 (note 5).
- Employees: Average headcount (389.64 without and 2.37 with a disability).
- Employees: Average headcount (366.60 without and 3.90 with a disability).
- Employees: Average headcount (334.20 without and 1.75 with a disability, note 17.1).
- Employees: Average headcount (note 17.1).
- Players: Average first-team headcount.
2024-25: Source: Real Sociedad2023-24: Sources: Real Sociedad, Real Sociedad, Real Sociedad, Real Sociedad2022-23: Sources: Real Sociedad, Real Sociedad, Real Sociedad2021-22: Sources: Real Sociedad, Real Sociedad, Real Sociedad2020-21: Sources: Real Sociedad, Real Sociedad, Real Sociedad
League figures, wage bills, budgets and public money 9 records
| Season | TV money | Squad cost limit | Source |
|---|---|---|---|
| 2025-26 | €128.3mmaximum | Source: LaLiga (Liga Nacional de Fútbol Profesional) | |
| 2024-25 | €67.8mpaid | €159.3mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2023-24 | €70.7mpaid | €124.7mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2022-23 | €65.1mpaid | €134.2mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
| 2021-22 | €69.4mpaid | €127.7mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
Where Real Sociedad has played
Sources6
- LaLiga EA Sports: clubes LaLiga, League. Checked 3 October 2026.
- GES controla el 75% del Celta, según el Registro Mercantil La Voz de Galicia, News, 19 November 2023. Checked 3 October 2026.
- Relación de S.A.D. de fútbol Consejo Superior de Deportes, Regulator. Checked 3 October 2026.
- Estadio Municipal de Anoeta Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Primera División de España 2026-27 Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
Also on Wikidata (Q10315).
