Real Madrid's $7.1 Billion Valuation Stretches Away From Rivals
Real Madrid, whose revenues have been supercharged by the revamp of its Santiago Bernabéu stadium, has seen its valuation pull away from its major rivals.
The Spanish club was worth €6.3 billion ($7.1 billion) as of January, a 23% year-on-year increase, Football Benchmark said in its latest annual report.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
34 minutes ago
- Bloomberg
Airbus Seeks Middle East Comeback After Boeing's Major May Haul
By , Siddharth Vikram Philip, and Julie Johnsson Save Airbus SE is looking to stage a comeback in June with a flurry of fresh orders after arch-rival Boeing Co. logged its biggest-ever deal this month that left the European planemaker empty-handed. The aircraft manufacturer is turning its focus to the Paris Air Show taking place in the middle of the month, where some carriers from the Middle East are poised to order more widebody aircraft.
Fox Sports
43 minutes ago
- Fox Sports
Real Madrid pays fee to get Alexander-Arnold from Liverpool in time for Club World Cup
Associated Press Real Madrid's decision to pry defender Trent Alexander-Arnold out of his Liverpool contract one month before it expires could pay dividends at the Club World Cup. The Spanish club will pay Liverpool a reported fee of up to 10 million euros ($11 million) to get the England right back on June 1 — rather than for free at the end of the month. That means the 26-year-old Alexander-Arnold — who has agreed on a six-year contract through June 2031 — will be able to play for Xabi Alonso's team at the Club World Cup in the United States starting in mid-June, Madrid announced Friday. The prize for the Club World Cup champion? Up to $125 million. 'Welcome @trentarnold66!' fellow England international Jude Bellingham wrote on Instagram about his new Madrid teammate, accompanied by a photo of the pair. Madrid opens its Club World Cup group stage against Saudi club Al-Hilal on June 18 at Hard Rock Stadium in Miami Gardens. Alexander-Arnold had been criticized by some Liverpool fans for having let his contract run down — meaning he could leave as a free agent. But since Alexander-Arnold was still under contract with the Premier League champions until the end of June, Liverpool was able to extract a fee for letting him go early. Special windows Madrid and the other 31 teams playing in the Club World Cup can make early signings under FIFA-approved special trading windows from June 1-10 and again June 27-July 3. Liverpool, which did not qualify for the Club World Cup, confirmed it accepted Madrid's offer for Alexander-Arnold and that it 'will receive a fee for his services, with the deal to be concluded once the window opens on June 1.' Neither club specified the amount. Alexander-Arnold had announced earlier this month that he'd be leaving his boyhood club — with Madrid the expected destination. By its own high standards, Madrid had a disappointing season, finishing runner-up to rival Barcelona despite having signed France star Kylian Mbappe last summer. Madrid hopes that Alexander-Arnold will reinforce a defense that was hammered by injuries this season as the team failed to win a title. The team's announcement noted that he 'can also play in midfield.' Coaching change Alexander-Arnold will join Bellingham on a team that is undergoing a coaching change with Alonso taking over from Carlo Ancelotti. At Liverpool, Alexander-Arnold helped the club win two Premier League titles, a Champions League title and two FA Cup trophies, among other silverware. 'Alexander-Arnold leaves Liverpool FC with the club appreciative and grateful for his contribution to those successes,' the Merseyside club said in a statement. He made 354 appearances for Liverpool and scored 23 goals — but his key attribute is as a provider from the right side, perhaps most famously in the Champions League semifinals in 2019 when his quickly taken corner set up Divock Origi's strike to complete a memorable comeback against Barcelona at Anfield. ___ AP soccer: recommended in this topic
The Hill
44 minutes ago
- The Hill
How corporate America is taking a stand against Trump
In President Trump's first 100 days, institutions from big law firms and Ivy League schools to major drug manufacturers and government contractors have been quick to acquiesce to a range of demands from the administration. Unfortunately, Trump's ire does not stop at our borders, and his demands and actions are increasingly isolating America from the rest of the world. The private sector should not be short-sighted about this. U.S. companies still have the responsibility and opportunity to stand up for American ideals that support economic growth and democracy around the world. The winds of our politics may change, but the relationships and trust of our allies may not be so fickle. Damage today could take decades to rebuild. Happily, a few companies still understand this. Founded 50 years ago by high school friends Bill Gates and Paul Allen, there are few companies as American as Microsoft. Most notably, it has been taking bold steps to challenge Trump. Although the company has many faults — from its constant cybersecurity issues to restrictive licensing practices — it has acted in many ways against the Trump administration. Microsoft's pro-Europe stance took off last month when its president, Brad Smith, announced new European digital commitments to shield European data from the long arm of the Trump administration, even promising to pursue litigation against Trump's Justice Department if needed 'to protect the rights of our customers and other stakeholders.' As the relationship between the United States and Europe has otherwise grown more tense, Microsoft's latest actions have shown that U.S. companies can play a substantial role in preserving the decades-long relationships that underpin Western democracy. For this, it is to be commended. Unlike other major tech companies, Microsoft has resisted Trump's vision for America. This started in the first days of the second Trump term, with Microsoft leaders opting to attend the World Economic Forum in Davos rather than Trump's inauguration. Smith and Satya Nadella may have made the obligatory pilgrimage to Mar-a-Lago like their peers to meet with Trump and Vance before the inauguration, but when asked about their absence, Smith said the company had 'better places' to be. While the company has continuously supported increasing access to 'American AI' and was optimistic about its AI opportunities once Trump was back in office, Microsoft has struck a delicate balance between being supportive of the administration in some areas and not conceding on American values. Smith said in an interview in March that 'we support this administration in many, many areas' but that he's 'probably more worried right now about the business climate in Washington than at any point over the last 30 years.' This is admirable, considering how much Microsoft stands to lose. The company has an 85 percent share of the U.S. public sector's productivity software market and billions of dollars in federal contracts. It is also reportedly under the microscope of a wide-ranging Federal Trade Commission antitrust investigation scrutinizing its software licensing practices and cloud computing business. Other companies would have turned their backs on Europe to curry favor with Trump in an attempt to make their risks go away, yet Microsoft has not. To be clear, Microsoft is not alone. Other notable American institutions are also starting to stand up to the administration. Harvard, for instance, refused Trump's demands and has continued to challenge the administration's recent actions, including filing a lawsuit to halt the freezing of billions of dollars in government funds to the university. Top law firms Jenner and Block and WilmerHale have opposed Trump while some of their contemporaries are offering pro bono services to the administration worth millions — including one that Microsoft ditched as a result before hiring Jenner and Block. Several big corporations are also maintaining their DEI commitments and programs despite recent 'anti-woke' attacks from the White House, including Costco, Apple and Cisco, as well as Microsoft, which said 'diversity and inclusion work is more important than ever.' And after Trump threatened to take action against companies if they raised prices in response to his tariffs, Microsoft did it anyway by increasing the prices of Xbox consoles, controllers and certain games. Proctor and Gamble raised prices by 1 percent in their most recent quarter and announced their intent to sell new products at higher price points moving forward. When Trump was re-elected, many major American businesses were excited by the potential economic opportunities of a transparently quid-pro-quo administration. While some companies have benefited, others — like Meta and Amazon — have not. But there are higher stakes at hand than profit. Now is the time when we learn which institutions are willing to adhere to the principles that have defined America since its founding, as well as the relationships that defined the past century. Those are the ones that deserve our praise — not the institutions that bend the knee. Paul Rosenzweig served as deputy assistant secretary for policy at the Department of Homeland Security. He is a professorial lecturer at The George Washington University Law School and senior fellow in the Tech, Law and Security Program at the American University, Washington College of Law. He advises technology companies on cyber and national security issues, including companies that compete with Microsoft.
