American business magazine, Forbes has released its annual ranking of the World’s Most Valuable Soccer Teams 2023 which sees Spanish side, Real Madrid top the list for the second consecutive time.
In the previous year, the top 20 teams of the world’s most valuable clubs had an average worth of $ 2.53 billion, compared to an average of $ 2.89 billion for this year’s top 20 clubs. Forbes noted that “the increase in values wasn’t fueled by revenue, which increased just 2.5%, to an average of $496 million per team, but rather by the higher enterprise multiples (enterprise value divided by revenue) that buyers are paying for teams.”
For the first time in the history of this listicle, which started in 2004, two teams are worth at least $ 6 billion. European Champions, Real Madrid topping the 2023 Forbes list has a valuation of $ 6.07 billion, which is a 19% increase in value compared to when they topped the list in 2022.
