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Real Madrid regain 1st place with $1.8B brand value

ANKARA: Real Madrid, after losing the top spot to Manchester City last year, have returned as the world's most valuable football club this year with $1.8 billion in brand value, according to Brand Finance's data this week. With a brand strength score of 96.3 out of 100, the Spanish club has beaten major global brands such as Google, Coca-Cola, Ferrari and Rolex. On the other hand, Real Madrid are the most followed football club on social media platforms, while brand power is a critical criterion for brands. Manchester City ranked second in the list of the 10 most valuable clubs with $1.7 billion, followed by their English Premier League rivals Chelsea in 10th place with $897 million. In addition, the total brand value of the four most valuable Turkish football clubs as of 2024 was determined to be $44 million. 'Sports achievements have a significant impact on the soft power of countries,' said Muhterem Ilguner, the director of Brand Finance Trkiye. 'Success in sports, especially in football, is not a co incidence, and for this, federations must work consistently, decisively and patiently in line with a certain strategy,' he added. Source: Anadolu Agency