Real Madrid declared Europe’s most precious football club for fourth successive year

As per the European Elite 2022 report, issued by the Football Benchmark platform, Real Madrid are Europe’s most precious football club for a fourth successive year.

The club is valued at €3,184 million and is the only club to surpass the €3 billion doorway. Madrid are succeeded by Manchester United (€2.883 million) and Barcelona (€2.814 million) in the rankings.

Football Benchmark notes that the clubs’ value surged by an average 10% in the past year, however that on account of the pandemic, they are yet to have accomplished the levels recorded between 2016 and 2020.

The report describes that Real Madrid retains its position at the summit because of its continuous sporting and commercial victory, while also noting that the club is one of the few who booked a net profit during the seasons affected by the pandemic.

The report also mentions that the new Santiago Bernabéu will give the club a colossal revenue boost and, potentially, a competitive advantage over the major European clubs.