Barcelona tops the Forbes list of the world’s 20 most valuable soccer teams for the first time, knocking Real Madrid to No. 2.
Barcelona is valued at $4.76 billion, just nudging out Real Madrid at $4.75 billion.
The top spot had been monopolized by two teams for the previous 16 years, with Real Madrid taking it five times and England’s Manchester United 11 times.
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Barcelona’s rise comes as the club has been caught in a public fight with superstar Lionel Messi, the world’s highest-paid player, who threatened to leave last year before the final season under his contract. The months-long cliffhanger ended with Messi staying put and the team’s president resigning.
The world’s 20 most valuable soccer teams are worth an average of $2.28 billion apiece, an increase of 30% from two years ago, the last time we published the ranking.
The jump comes despite a decline in revenue caused by limited attendance during the pandemic, with buyers focused on what they see as still untapped revenue potential in the sport’s massive global following.
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Average revenue for the 20 teams was $441 million for the 2019-20 season, down 9.6% from 2017-18, while average operating income fell by 70% over the period to $23 million. The pain is far from over, with a worsening decline in match-day revenue during the current season as most of the teams in Europe’s top leagues still permit few fans to attend games.
World’s most valuable soccer clubs — Forbes
1. Barcelona: $4.76bn
2. Real Madrid: $4.75bn
3. Bayern Munich: $4.215bn
4. Manchester United: 4.2bn
5. Liverpool: $4.1bn
6. Manchester City: $4.0bn
7. Chelsea: $3.2bn
8. Arsenal: $2.8bn
9. Paris St-Germain: $2.5bn
10. Tottenham: $2.3bn