Real Madrid are most valuable European soccer club - KPMG

Credit: Reuters - Sports
Published on May 29, 2019 - Duration: 01:40s

Real Madrid are most valuable European soccer club - KPMG

Real Madrid have topped Manchester United to the title of most valuable European soccer club, according to a report by KPMG.

Julian Satterthwaite reports.

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Real Madrid are most valuable European soccer club - KPMG

Real Madrid are the kings of European soccer, for accountants at least.

A new report from the financial gurus at KPMG says the Spanish team is the most valuable in Europe.

They say its value jumped ten percent to about $3.6 billion.

That puts Real just ahead of England's Manchester United, but these rankings aren't a perfect reflection of performance on the pitch.

Real recently finished a distant third in the Spanish league, nearly 20 points behind Barcelona.

(SOUNDBITE) (Spanish) REAL MADRID COACH ZINEDINE ZIDANE, SAYING: "I cannot tell you at this point that we are going to win La Liga.

I am not in that mindset." United also suffered a torrid season, fired its coach Jose Mourinho, and missed out on qualification for the Champions League.

Overall the soccer industry seems in good health.

KPMG says the top 32 clubs increased their value by nine percent over the year.

English clubs dominate the top end of the list.

Six of the top ten come from the Premier League.

That includes all of this year's finalists in the top European club competitions.

On Wednesday (May 29) night Arsenal and Chelsea contest the Europa League final.

Three days later Liverpool and Tottenham will fight for the Champions League title.

(SOUNDBITE) (English) JUERGEN KLOPP, LIVERPOOL MANAGER, SAYING: "In the moment it's pure, pure excitement, really looking forward to it." It's the first time all four finalists have come from the same country, and that ends years of Spanish domination on the field.

But not, it seems, at the very top of the financial table.

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