European Elite 2020


LONDON: Consultancy firm KPMG Thursday released the European Elite 2020 report, which places Real Madrid — for the second consecutive year — as the most valuable football club in the world. 

Real Madrid is valued at €3.478 billion, which puts them ahead of Manchester United and FC Barcelona. The club’s enterprise value annual has risen by 8%.

The report, published on Thursday, puts Manchester United in second despite its on-pitch struggles in the Premier League, while Real's domestic rivals Barcelona have retaken third place from Bundesliga leaders Bayern Munich.