Real Madrid named most valuable European ahead of Manchester United | Futaa.com
Real Madrid named most valuable European ahead of Manchester United
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Real Madrid named most valuable European ahead of Manchester United

LaLiga giants Real Madrid are the most valuable football club in the world according to a report produced by a consultancy firm KPMG. 

The 2020 European Elite report shows Madrid valued at €3.478 billion, which puts them ahead of Manchester United and FC Barcelona with the club's enterprise value annual rising by 8%. 

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.

Here is the ranking;

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