Business Standard

Real Madrid, Barcelona top Forbes rich list

Image

AFP New York
Spain may have been embarrassingly dethroned as World Cup holders, but Real Madrid and Barcelona are still champions at making money after they were named as the world's two richest sports franchises.

For the second successive year, Forbes business magazine tagged European champions Real Madrid, where Cristiano Ronaldo plays, as the number one sports team with a value of USD 3.44 billion.

Barcelona, the home of Lionel Messi, Neymar and now the notorious Luis Suarez, are second in the chart with a current value of USD 3.2 billion, while English giants Manchester United are ranked at three at USD 2.81 billion despite their miserable season.
 

The only other football club in the top 10 are German champions Bayern Munich whose current value of USD 1.85 billion is good enough for seventh spot.

The rest of the top 10 is from Major League Baseball and the National Football League. The New York Yankees are number four, valued at USD 2.5 billion with the Dallas Cowboys, worth USD 2.3 billion, holding the fifth place.

With 30 teams in the top 50, for the second consecutive year, the NFL occupies 60% of this year's list. The full list also included six teams from MLB and four from the NBA.

The NFL's prominent standing on the list and the potential sale of the Los Angeles Clippers to former Microsoft head Steve Ballmer for $2 billion shows the value of big market sports teams in the USA is higher than ever.

Ballmer's proposed record purchase price for the Clippers is 15 times the revenue. By comparison, in March the Milwaukee Brewers were sold for five times the revenue.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 17 2014 | 9:55 AM IST

Explore News