Real Madrid maintained their status as the world’s most valuable club according to the the new rankings by Forbes.
The Spanish giants are topping the list of the
30-club list compiled by the American business magazine, Forbes for a second straight year.
Madrid were the world’s most valuable club in 2022 with a worth of $6.07 billion (£4.9bn) and maintained the same amount in 2023.
This year’s list marks the first time that two clubs have reached the $6bn mark.
Last year, Madrid increased their value in the by 19%, while United climbed 30%.
“The Spanish side has made it to five of the last nine lucrative Champions League finals, winning all of them,” Forbes said.
“Real Madrid has also secured nearly $400 million from Sixth Street and Legends as part of a 20-year deal to enhance revenue at its Santiago Bernabeu Stadium, which has been undergoing a massive renovation that is expected to be completed next year.”
Since 2004 when Forbes began publishing annual valuations of football clubs, Madrid and United are the only two clubs to have ranked in the top five each year
Six of the top 10 ranked clubs in the report are English Premier league sides, while seven of the top 30 clubs are from the United States.
Forbe’s 10 most valuable clubs
1. Real Madrid ($6.07bn)
2. Manchester United ($6bn)
3. Barcelona ($5.51bn)
4. Liverpool ($5.29bn)
5. Manchester City ($4.99bn)
6. Bayern Munich ($4.86bn)
7. Paris Saint-Germain ($4.21bn)
8. Chelsea ($3.1bn)
9. Tottenham Hotspur ($2.8bn)
10. Arsenal ($2.26bn
