The world’s most valuable soccer teams 2023: two clubs hit $6 billion for the first time
The soccer pitch is filled with more green than ever.
Two teams are now worth at least $6 billion. Real Madrid takes the top slot with a $6.07 valuation, 19% more than last year. The Spanish side has made it to five of the last nine lucrative Champions League finals, winning all of them. Real Madrid has also secured nearly $400 million from Sixth Street and Legends as part of a 20-year deal to enhance revenue at its Santiago Bernabéu Stadium, which has been undergoing a massive renovation that is expected to be completed next year.
Manchester United climbed 30% from a year ago, to $6 billion. Bidding for the English team has reportedly come down to Sir Jim Ratcliffe and Qatari businessman Sheikh Jassim. The team’s current owners, the Glazer family, paid $1.5 billion for the Red Devils in 2005 and could pocket a four-fold appreciation if a deal is reached.
It should be noted that since Forbes began publishing annual soccer valuations in 2004 (we skipped 2020 due to Covid), Real Madrid and Manchester United are the only two teams that have ranked in the top five each time. Over that span, Real Madrid has placed first seven times and Manchester United 11. Barcelona topped our list in 2021.
The biggest gainer on this year’s list is Newcastle United, now worth $794 million, 51% more than last year. Saudi Arabia Public Investment Fund’s purchase of the team in October of 2021 for $378 million ((£305 million) injected the team’s balance sheet with $208 million of capital, and this season the Magpies qualified for the Champions League for the first time in 20 years.
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