Spanish professional football club, Real Madrid Club de Fútbol, popularly known as Real Madrid, has retained its position as Europe’s most valuable football club amidst the rising dominance of the English Premier League.
According to a report published by Analysts Football Benchmark, thirty – two of Europe’s most prominent clubs were ranked based on their annual financial statements and squad values.
In early 2020, before the pandemic, the Spanish club was valued at nearly 3.5 billion euros.
Although, the club lost 84 million euros as a result of the pandemic due to the absence of matchday revenues because supporters were shut out of the stadium, it was one of few clubs to register a net profit in both seasons impacted by the pandemic.
Madrid has maintained its top position for the fourth consecutive year at an estimated value of 3.184 billion euros ($3.4 billion). The author of the report, Andrea Sartori, said the club has extended its lead at the top due to continuous sporting and commercial success.
In the second position is Manchester United valued at 2.9 billion euros, FC Barcelona with 2.8 billion euros occupied the third position while Bayern Munich holds the fourth position. Liverpool is ranked fifth position at 2.556 billion euros.