Real Madrid have been rated the most valuable football club in the world.
According to audit firm KPMG, Real Madrid is valued at €3.478 billion, which puts them ahead of Manchester United (€3.342 billion) and bitter rivals FC Barcelona (€3.193 billion).
The club’s enterprise value annual has risen by 8%.
Real Madrid releases a PDF every year covering the club’s activities and successes, but also importantly laying out all their financials. Florentino and the board have done an incredible job of diversifying the revenue streams – per graphic below (1/7): pic.twitter.com/ThTQk1aMoT
— Matt Wiltse (@MattWiltse4) May 28, 2020
The report notes that Real Madrid‘s position at the summit owes to the high revenues figures recorded throughout the five years that the study relates to (2016-2020), after having lifted the Champions League three times during this period, as well as the club’s improved profitability and a 41% aggregate growth in commercial revenue.