Study: Man United, Real Madrid soccer’s most valuable clubs

Cristiano-Ronaldo

Real Madrid's Cristiano Ronaldo. (Paul White/AP)

LONDON — Accountancy firm KPMG says Manchester United and Real Madrid are soccer’s most valuable clubs, worth 2.9 billion euros ($3.2 billion) each.

The study finds Europe’s leading 32 clubs have a combined value exceeding 26 billion euros.

KPMG’s report was published as the European season reaches its climax with Saturday’s Champions League final between Real Madrid and Atletico Madrid, which is valued at 592 billion euros — five times less than its crosstown rival.

United remains strong financially, despite not winning the Premier League in three years.

Behind Real and United in the rankings are Barcelona (2.8 billion euros), Bayern Munich (2.2 billion euros), Arsenal (1.7 billion euros), Manchester City (1.6 billion euros), Chelsea (1.5 billion euros), Liverpool (1.3 billion euros), Juventus (983 billion euros) and Paris Saint-Germain (843 billion euros).

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