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Spanish giant Real Madrid crowned the most valuable brand in world football

Spanish champions "Real Madrid" have been named the most valuable soccer club brand in the world even with a reduced figure of 13.8 percent,

In Media report released by Brand Finance, it indicates that Real Madrid are the most valuable brand in world football.

Real madrid Fc is reportedly Valued at a whopping €1.4billion, the sporing club giant have managed to top the list despite a 13.8 percent decrease as a result of the novel coronavirus pandemic.

Marca adds that with the launch of Real Madrid Next - a technology innovation brand - and Madridista Nation, the club have seen an increase in engagement on social media.

That, coupled with our 34th La Liga triumph, could propel us to recover from the drop in value in the near future.

On the other hand, Barcelona is ranked second on the list, while Manchester United came third in the list.

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