logo
Real Madrid Reign Supreme! Named Most Valuable Football Team For 4th Year In A Row

Real Madrid Reign Supreme! Named Most Valuable Football Team For 4th Year In A Row

News182 days ago

Last Updated:
Real Madrid is the most valuable football team for the fourth consecutive year, valued at $6.6 billion by Forbes.
'Real' for a reason. Los Blancos continue to dominate in one way or the other.
LaLiga side Real Madrid has been ranked as the most valuable football team in the world for the fourth consecutive year, with a valuation of $6.6 billion, according to business magazine Forbes.
Real Madrid made history by becoming the first football club to generate a billion dollars in a single year, achieving a record $1.13 billion in revenue for the 2023-24 season, the magazine reported on Friday.
The Spanish club is the second sports team in history to reach the 10-figure revenue milestone, following the National Football League's Dallas Cowboys. Additionally, they are the first soccer team to record one billion euros in revenue in a single season, as noted by Deloitte earlier this year.
England's Manchester United holds the second spot on Forbes' list with a valuation of $6.6 billion. Despite finishing eighth in the Premier League, they generated $834 million in revenue for the 2023-24 season.
Barcelona, Real Madrid's LaLiga rivals, are third with a valuation of $5.65 billion. Liverpool and Manchester City are ranked fourth and fifth, respectively.
Together, the 30 most valuable soccer teams are worth over $72 billion, averaging $2.4 billion each. This marks a 5% increase from the previous record of $2.26 billion in 2024.
First Published:
May 31, 2025, 21:00 IST

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fashion retailers, textile sector cautioned over likely greenwashing
Fashion retailers, textile sector cautioned over likely greenwashing

Fibre2Fashion

time4 hours ago

  • Fibre2Fashion

Fashion retailers, textile sector cautioned over likely greenwashing

A joint open letter by members of the International Consumer Protection and Enforcement Network (ICPEN), a worldwide network of more than 70 consumer protection authorities, recently called on the fashion retail sector and textile industry to review their commercial practices to ensure their environmental claims comply with consumer law. The letter urges retailers to avoid using vague and general claims like describing items of clothing as 'conscious', 'green' or 'sustainable'. The International Consumer Protection and Enforcement Network has called on the fashion retail sector and textile industry to review their practices to ensure their environmental claims comply with consumer law. It urges retailers to avoid using vague claims like terming apparel as conscious, green or sustainable, and warns against overstating the significance of their environmental measures. As concerns over potential greenwashing in advertising campaigns across the fashion industry grow, the fashion retail sector, which, as the letter indicates, is currently responsible for an estimated 8 per cent of global greenhouse gas emissions and 20 per cent of global wastewater, has attracted particular attention. The letter cautions traders against overstating the significance of their environmental measures and asks them to ensure that any improvements made are marketed in a 'proportionate' way and not given 'undue emphasis in' marketing. The letter also calls on retailers to avoid making claims based on data that is not sufficiently specific to the product, such as claiming that an item of clothing automatically has a lower environmental impact because it is made of organic cotton instead of conventional cotton. ICPEN cautioned against using self-made labelling schemes and misuse of third-party certifications, adding that labels 'should give an accurate impression of the environmental performance of the product.' Retailers should also be specific when using sustainability filters in online stores and should focus their marketing on specific measures already being taken, rather than making unsubstantiated claims about future aspirations. Ireland's Competition and Consumer Protection Commission (CCPC); the Australian Competition & Consumer Commission; and the Spanish Directorate General for Consumer Affairs, were among the 20 global organisations that endorsed the letter. In a statement accompanying the letter on ICPEN's website, the organisation said that it 'does not necessarily indicate that any individual ICPEN member will prioritise enforcement action on misleading environmental claims, and some member jurisdictions may have stricter or more specific rules in place.' Fibre2Fashion News Desk (DS)

Piastri and Norris score McLaren 1-2 at Spanish GP to extend F1 lead. Verstappen 10th after penalty
Piastri and Norris score McLaren 1-2 at Spanish GP to extend F1 lead. Verstappen 10th after penalty

Hindustan Times

time13 hours ago

  • Hindustan Times

Piastri and Norris score McLaren 1-2 at Spanish GP to extend F1 lead. Verstappen 10th after penalty

MONTMELO, Spain — McLaren pair Oscar Piastri and Lando Norris moved closer to making this Formula 1 season a simple question of which one of them will come out on top after finishing the Spanish Grand Prix one-two on Sunday. That sense of dominance was aided by a late-race collapse by Max Verstappen and his Red Bull team. Verstappen was bearing down on Norris until a late safety car led to him having slower tires. He was quickly passed by Charles Leclerc and George Russell before the defending champion made it much worse by colliding with Russell's Mercedes. The resulting 10-second penalty for Verstappen sent him plummeting down to a 10th-placed finish in Spain. Things got testy from there. Russell called the move 'deliberate" and said Verstappen set a bad example. Verstappen replied that 'next time I will bring a tissue.' Piastri won the race with poise from pole position and ended Verstappen's run of three consecutive wins at the Circuit de Barcelona-Catalunya. Piastri has 186 points, 10 more than Norris. Verstappen dropped to 49 points behind the leader. Where does that leave the title race with still a long way to go? Verstappen appears ready to focus on 2026 when the F1 rulebook will be rewritten — or for McLaren to mess up big time. 'I never said that I was in a championship fight,' Verstappen said. 'First of all, I think every race so far it's been tough. You know when they get their things right, they're unbeatable. And I think that's quite clear this season.' While Verstappen was in misery, Piastri was relishing another victory in a breakthrough campaign for the 24-year-old Australian who so far is handling the pressure of being the front-runner with aplomb. 'It has been a great year and this weekend has been exactly the kind of weekend I've been looking for,' said Piastri. 'It is a lot of fun winning races at the moment.' It was the third McLaren one-two of the season and the team's seventh win in nine races, with Piastri taking five of those victories. This was the first time in a decade that a driver other than Verstappen or Lewis Hamilton won the event held near Barcelona, whose future is in question with the addition of a race in Madrid next year. Last year in Spain, Norris had started from pole only for Verstappen to jump past him on his way to winning. This time, Verstappen slipped past Norris to move from third to second after Turn 1. But Norris only had to wait 12 laps before he closed down on Verstappen who told his team that he had 'no grip' as he was sliding on his tires. Norris screamed past with the DRS boost on the straightaway to again put the orange cars in front. 'Oscar drove a very good race today, didn't quite have the pace to match him but we gave it our best shot,' Norris said about finishing second. Leclerc was third as he again bettered Hamilton, his new Ferrari teammate. Hamilton had another difficult day for Ferrari, being told to pull over for a faster Leclerc early on and then being passed by Nico Hulkenberg of Sauber on the final laps. The seven-time world champion has yet to reach the podium in a grand prix since leaving Mercedes for the Italian team. Hamilton was visibly disappointed by the performance, saying his car was unbalanced. 'That was the worst race I have experienced, balance-wise," he told reporters. Hulkenberg had the drive of the day as he moved up from a 15th-spot start to finish a season-best fifth, right ahead of Hamilton. "I saw Hulkenberg finished fifth, which is pretty impressive so well done to him,' Piastri said. Rookie Isack Hadjar was seventh for Racing Bulls, followed by Pierre Gasly of Alpine. Fernando Alonso finally got in the points this season to thrill home fans with a ninth-placed finish for Aston Martin. Alonso's teammate Lance Stroll withdrew due to pain in his hand and wrist. Verstappen's teammate Yuki Tsunoda started from last place after a disastrous qualifying session for Red Bull's second driver and managed to finish 13th. Kimi Antonelli was in the points when his Mercedes appeared to have trouble and he ended up in the gravel, causing the late yellow flag and safety car. The race attracted several soccer celebrities including members of England's soccer squad along with coach Thomas Tuchel. Among those in attendance, Jude Bellingham, Cole Palmer, Bukayo Saka and others toured the paddock shortly after they arrived in Barcelona to prepare for a World Cup qualifier against Andorra next weekend. FIFA president Gianni Infantino and Brazil soccer great Roberto Carlos were also there, along with Barcelona players Ferran Torres and Éric García. Barcelona striker Robert Lewandowski was in Red Bull's garage on Saturday for qualifying. Next up is the Canadian GP in two weeks. auto racing: /hub/auto-racing

Liverpool keeper Kelleher set to join Brentford: reports
Liverpool keeper Kelleher set to join Brentford: reports

The Hindu

time14 hours ago

  • The Hindu

Liverpool keeper Kelleher set to join Brentford: reports

Liverpool goalkeeper Caoimhin Kelleher is set to sign for Brentford in a deal that could rise to £18 million ($24 million), according to reports on Sunday. Kelleher was backup to Liverpool's first-choice keeper Alisson Becker during its Premier League title-winning campaign this season. Although the Ireland international featured 10 times in the league when Alisson was injured, he was keen to leave Anfield in search of regular first-team action. ALSO READ: UCL team of the season- Dembele named best player, Doue gets best youngster award Brentford has agreed to a reported initial fee of £12.5 million for Kelleher that can rise to £18 million if performance-related requirements are met. Kelleher, who has a year left on his Liverpool contract, also attracted interest from Leeds, West Ham and Bournemouth. He was the hero of Liverpool's 2022 League Cup final triumph against Chelsea, making several fine saves and scoring a penalty in the 11-10 shoot-out victory. Kelleher also started Liverpool's 2024 League Cup final win against Chelsea. The 26-year-old will be replaced at Anfield by Valencia's Giorgi Mamardashvili. Mamardashvili will join up with Arne Slot's side in time for next season after the Georgian agreed to his move to the Reds last year. Kelleher's imminent switch to west London comes with Brentford keeper Mark Flekken set to join Bundesliga side Bayer Leverkusen in a £9 million deal.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store