Forbes released their annual Most Valuable Sports Teams report yesterday, July 15th. According to the report, La Liga club Real Madrid has claimed the number one spot, dethroning Manchester United of the Premier League. With Madrid valued at $3.3 billion, it is one of two franchises in the top 10 to be owned by the public as it currently has 93,000 members who pay $195 annually. Fellow La Liga competitors Barcelona FC also is owned by the public and rank third on Forbes’ list. The club recently signed young Brazilian star Neymar in June and are valued at $2.6 billion.
It is no surprise to see Real Madrid take the top spot as they recently extended their jersey sponsorship with Adidas worth $42 million per year. Real Madrid has also agreed to feature Emirates Airlines on their kits starting in the 2013-14 season, a deal worth $39 million over five years. Forbes also reports the club is expected to renovate their current stadium to increase revenues up to $60 million per year by 2018.
Manchester United, valued at $3.17 billion, became the first sports team to be valued over $3 billion in January of 2013. Since January, the club claimed yet another English Premier League title and netted a jersey sponsorship with Chevrolet worth $559 million over seven years and are valued second on Forbes’ list.
Arsenal FC rounds out the top 10 as the fourth soccer team to be featured on the list. Both Arsenal and Manchester United boast American owners, highlighting a recent trend in US ownership of soccer clubs abroad. Other soccer teams on Forbes’ list include Bayern Munich (12th, $1.309 billion), AC Milan (37th, $945 million), and Chelsea FC (40th, $901 million).