According to official figures, Real Madrid’s salary cap for 2023–24 will be the highest in La Liga at €727 million

La Liga has officially confirmed the salary ceiling for the teams in the first and second divisions of Spanish football with the closure of the summer transfer market a few weeks ago.

Real Madrid has the highest wage cap once more, set at €727 million, up from €683 million set during the previous review in February of this year.

The wage cap is the most money the team can spend throughout the season following the summer’s activities.

Along with the costs for the reserve team, the youth academy, and other sporting venues, it also covers the costs for the players, manager, and coaching staff.

Real Madrid had a busy summer transfer window, saying farewell to a number of players, including two of the highest-paid players on their roster in Karim Benzema and Eden Hazard.

In addition to spending a lot on Jude Bellingham, Los Blancos concentrated on running their business efficiently and maintained their spending at a minimum in order to be ready for Kylian Mbappe’s arrival in 2024.

With a €727 million salary cap, the Merengues now hold the largest pay cap among all Spanish top-flight clubs.

Deportivo Alaves, on the other hand, finds themselves at the other end of the scale with a €31 million salary cap.

Barcelona, Real Madrid’s bitter rivals, now have a spending restriction of €270 million as opposed to €648 million they had in February.