For the second year in a row, Real Madrid has claimed the top spot on Forbes’ annual ranking of the World’s Most Valuable Soccer Teams for 2023. The prestigious list, which began in 2004, showcases the financial prowess of the world’s top football clubs.
According to Forbes, this year’s top 20 clubs have seen a significant increase in value compared to the previous year. The average worth of the top 20 teams in 2023 is $2.89 billion, up from $2.53 billion in the previous year. The increase in values can be attributed to higher enterprise multiples paid by buyers for these teams, rather than revenue growth. The average revenue per team increased by just 2.5% to $496 million.
Real Madrid has set a new milestone by becoming one of two teams in history to be valued at $6 billion. The Spanish giants’ valuation of $6.07 billion represents a 19% increase from their previous top ranking in 2022. Manchester United, the most valuable club in the English Premier League, closely trails Real Madrid with a valuation of approximately $6 billion, marking a remarkable 30% increase from the previous year. Notably, Liverpool, Manchester City, Chelsea, Tottenham Hotspur, and Arsenal also make it to the top 10 of the list, highlighting the financial strength of English football.
Over the years, Real Madrid and Manchester United have consistently featured in the top five of Forbes’ ranking, with Real Madrid topping the list on seven occasions and Manchester United on 11. Barcelona, another Spanish powerhouse, claimed the top spot in 2021. These three clubs have demonstrated their financial dominance in the football world.
One notable mention is Newcastle United, an English club that has experienced a remarkable surge in value. The team’s valuation has skyrocketed by 51% to $794 million, thanks to its recent acquisition by the Saudi Arabia Public Investment Fund and its qualification for the UEFA Champions League after a 20-year hiatus.
Overall, the World’s Most Valuable Soccer Teams list showcases the global appeal and economic strength of football. Among the top 30 teams, English clubs dominate with 12 representatives, followed by 7 from the United States, 4 from Italy, 3 from Spain, and 2 each from Germany and France. These clubs command significant influence and financial resources, shaping the landscape of the sport both on and off the field.