While 2024-25 may not have been Real Madrid’s most dazzling season on the pitch, the club continues to dominate off it—cementing its status as the world’s most valuable football institution. According to the latest Football Benchmark report, Real Madrid holds the top spot for the second consecutive year, with a staggering valuation of €6.278 billion.
No other club comes close. Not even financial powerhouses Manchester City (2nd) and Manchester United (3rd), both of which have crossed the €5 billion mark for the first time. Still, they remain more than €1.1 billion behind the Spanish giants.
In an era shaped by the pandemic, inflation, and massive structural shifts in European football, Real Madrid has doubled its value since 2016 (+116%) and continues to lead in operating revenue (€1.065 billion). Impressively, it is the only club with a positive net profit over the past decade, standing out in a football ecosystem plagued by financial instability.
"Real Madrid has made history by becoming the first club to surpass a €6 billion valuation. Their continued excellence in LaLiga and the Champions League in 2023/24 was matched by extraordinary growth off the field—particularly thanks to the revamped Santiago Bernabéu, which helped nearly double matchday income to €251 million," explained Antonio Di Cianni, Director of Football Finance & Strategy at Football Benchmark.
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