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Real Madrid named most valuable European club

Real Madrid named most valuable European football club as per KPMG

June 2, 2021 By Michelle Bonsu
Despite not winning any major trophies this season in a disappointing campaign for the Spanish powerhouse, Real Madrid still managed to beat other European giants in one area.

Certainly, the 2020/2021 season was a very disappointing one for Real Madrid and their legions of fans. Los Blancos concluded the campaign sans any silverware, as their hopes to win a 14th Champions League were ended by eventual winners Chelsea, and they had to watch as cross-town rivals Atletico eventually clinched the La Liga title.

Zinedine Zidane, the man who helped them win an unprecedented three consecutive Champions League titles ended up leaving at the end of the season, and now the club will have to rebuild as they look to get back on track both domestically and on the continent.

Then there's the major concern that Real could be kicked out of the Champions League - a shocking thought given that they are the most decorated side in the competition - due to their involvement, and refusal, to back down from the controversy surrounding the breakaway European Super League.

However, all's not lost. The Spanish giants will have a familiar face on the tactician's bench, with Carlo Ancelotti set to take over at the start of the upcoming term.

And things aren't going so badly for them off the pitch, either. Despite COVID-19 doing its part to cause misery and mayhem worldwide and ensuing financial chaos, Los Blancos still managed to top a crucial ranking.

According to KPMG, Real Madrid are the most valuable European football club. The multi-national accounting firm gave the Spanish powerhouse a financial valuation of approximately $3.5 billion (€2.9 billion).

That puts them ahead of arch-rivals Barcelona, who were valued at $3.4 billion (€2.8 billion).

Manchester United came in third, with a valuation of $3.2 billion (€2.6 billion).

The top five were rounded out by Bayern Munich and Liverpool, with valuations of $3.17 billion (€2.6 billion) and $2.7 billion (€2.2 billion) respectively.

PSG are Ligue 1's only representative, sitting in eighth spot with a valuation of $2.1 billion (€1.7 billion) while Juventus will be very proud to be included in this elite group, rounding out the top ten as Italy's only side with an estimated value of $1.7 billion (€1.4 billion).

Despite these numbers, the same report found that Europe's most elite teams saw a collective devaluation of at least $7.5 billion (€6.1 billion) due to COVID-19 as compared to the prior year. 

With restrictions now being eased up, it remains to be seen if by this time next year clubs' financial numbers will show signs of improvement or stagnation.

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