Forbes magazine has rated Real Madrid as the most valuable football club in the world. The Whites, valued at $ 3.30 billion and with $650 million in yearly revenue and an annual benefit of $170 million, head the rich list after knocking out Manchester United, who have topped the list since it was created.
To come up with its list Forbes looks at several club variables like revenue streams and balance sheets. The revenue streams taken into consideration are the $160 million generated by ticket sales, the highest collected amongst all European clubs, Real’s 15 national and international sponsors, a line-up that includes Adidas, Bwin, Audi, Mahou, BBVA, Saudi Telecom, Telefónica, Fly Emirates and Coca-Cola, in addition to the 130 international vendors of a range of Real Madrid products and the player’s advertising and club image contracts that gives the club exposure in over 180 countries worldwide. The club’s financial situation is equally as solid, with a net worth of $350 million and a Net Debt/Ebitda and Net Debt/Net Worth ratios at 0.8 and 0.5 respectively, making Real Madrid the world’s most solvent club as well as its most valuable