Barcelona beats Real Madrid to become world’s most valuable club

Lionel Messi of Barcelona in action during the La Liga Santander match between FC Barcelona and Real Valladolid CF at Camp Nou on April 5, 2021 in Barcelona, Spain. JOSE BRETON/PICS ACTION/NURPHOTO/GETTY IMAGES

Barcelona topped the Forbes list of the 20 most valuable soccer teams for the first time ever, edging out Real Madrid by a very small margin. According to the latest rankings released by Forbes, Barcelona is valued at $4.76 billion whereas Real Madrid is just behind, valued at $4.75 billion.

In the past 16 years, Real Madrid topped the list 5 times whereas Manchester United did so 11 times.

According to the business magazine, the world’s 20 most valuable soccer teams are worth an average of $2.28 billion individually. This is a massive increase of 30% from two years ago, when the list was last published. However, the average revenue for the 20 teams was $441 million for the 2019-20 season, a reduction of 9.6% from 2017-18, while average operating income fell by 70% over the period to $23 million.

Here is the ranking of the teams according to their valuation:
1. Barcelona
Barcelona, Spain

Owner/Controlling Shareholder: Club members
Value: $4.76 billion
Two-Year Change: 18%
Revenue (2020): $792 million
Operating Income (2020): $62.2 million

2. Real Madrid
Madrid, Spain

Owner/Controlling Shareholder: Club members
Value: $4.75 billion
Two-Year Change: 12%
Revenue (2020): $792 million
Operating Income (2020): $92 million

3. Bayern Munich
Munich, Germany

Owner/Controlling Shareholder: Club members
Value: $4.215 billion
Two-Year Change: 39%
Revenue (2020): $703 million
Operating Income (2020): $49.2 million

4. Manchester United
Manchester, England

Owner/Controlling Shareholder: Glazer family
Value: $4.2 billion
Two-Year Change: 10%
Revenue (2020): $643 million
Operating Income (2020): $166.6 million

5. Liverpool
Liverpool, England

Owner/Controlling Shareholder: John Henry, Tom Werner
Value: $4.1 billion
Two-Year Change: 88%
Revenue (2020): $619 million
Operating Income (2020): $61.9 million

6. Manchester City
Manchester, England

Owner/Controlling Shareholder: Sheikh Mansour bin Zayed Al Nahyan
Value: $4 billion
Two-Year Change: 49%
Revenue (2020): $609 million
Operating Income (2020): -$2 million

7. Chelsea
London, England

Owner/Controlling Shareholder: Roman Abramovich
Value: $3.2 billion
Two-Year Change: 24%
Revenue (2020): $520 million
Operating Income (2020): $34.7 million

8. Arsenal
London, England

Owner/Controlling Shareholder: E. Stanley Kroenke
Value: $2.8 billion
Two-Year Change: 23%
Revenue (2020): $430 million
Operating Income (2020): $47.3 million

9. Paris Saint-Germain
Paris, France

Owner/Controlling Shareholder: Qatar Sports Investments
Value: $2.5 billion
Two-Year Change: 129%
Revenue (2020): $599 million
Operating Income (2020): -$4.5 million

10. Tottenham Hotspur
London, England

Owner/Controlling Shareholder: Joseph Lewis, Daniel Levy
Value: $2.3 billion
Two-Year Change: 42%
Revenue (2020): $494 million
Operating Income: $134.2 million

To read more about the most valuable teams, click here.

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