Home Entertainment Gists Forbes Name Real Madrid As Most Valuable Sports Team
Forbes Name Real Madrid As Most Valuable Sports Team

Forbes Name Real Madrid As Most Valuable Sports Team

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The Spanish giants, who won a 10th European Cup in May, are the most valuable sports team in the world, according to Forbes magazine, worth an estimated $3.44 billion (£2bn).

Real Madrid has made it to the Champions League semifinals for four consecutive years and took home the crown this year, defeating Atletico Madrid 4-1 for its record tenth Champions League title. The win means a payout of $78 million versus the $62 million Real earned last season for its semifinal finish. Real Madrid, which features global icon and reigning player of the year Cristiano Ronaldo on the pitch, generates more revenue than any sports team in the world ($675 million for the 2012-13 season).

Commercial revenue is padded by a $41 million-a-year kit deal with Adidas and a shirt sponsorship with Emirates worth $39 million annually.

Madrid is planning a $540 million renovation to its stadium, Santiago Bernabeu, which is expected to be
completed in 2017.

Los Blancos, sit ahead of eternal rivals Barcelona and Manchester United, who sit second and third respectively.

Barcelona, are valued at $3.2bn, while United rank at $2.81bn.

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