Real Madrid, the most valuable football club according to the report ‘The European Elite 2019’


The study by the KPMG consultancy values the Whites at 3,224 million euros.Real Madrid are the most valuable football club in Europe according to The European Elite 2019 report, prepared by the consultancy KPMG. The Whites have a value of 3,224 million euros, ahead of Manchester United (3,207) and Bayern Munich (2,696). The growth of Real Madrid in one year has been 10%.

The report highlights that Real Madrid’s leadership is the result of the high revenues achieved between 2016 and 2019 for winning the Champions League, in addition to its improvement in profitability and an accumulated growth of 29% in operating income, driven mainly by the increase in commercial revenues in recent years.

POSITIONCLUBValue in millions of euros
1Real Madrid3,224
2Manchester United3,207
3Bayern Munich2,696
4FC Barcelona2,676
5Manchester City2,460

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