Real Madrid retain crown as football's most valuable club

Real Madrid top the list for the fourth consecutive year, boasting a value of €5.948 billion, while Barcelona remain third with a valuation of €4.979 billion, according to the Forbes annual report.

This marks a 2% increase in the club's worth compared to last year. During the 2023/24 season, Los Blancos generated revenues of €996 million, making them the first football club to surpass the €900 million mark.

The report highlights key factors behind this growth, including their 2023/24 Champions League triumph, commercial partnerships and international appeal.

The club also expects to recoup some of the money spent on renovating the Santiago Bernabeu through matchday revenues, including ticket sales.

Following Real Madrid are Manchester United, valued at €5.816 billion, while Barcelona hold third place with revenues of approximately €724 million—a figure likely to exceed €900 million once their stadium improvements are complete.

A surprise in the rankings came from Arsenal, who climbed from tenth to eighth place with a 31% increase in value and revenues of €679 million. Paris Saint-Germain sit seventh with a valuation of €4.054 billion.

Among the top ten clubs in a list of 30, six hail from the English Premier League, two from La Liga, one from Ligue 1, and one from the Bundesliga.