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Bernabeu revamp raises Real's valuation

The Straits Times

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May 30, 2025

Real Madrid, whose revenues have been supercharged by the refurbishment of their Santiago Bernabeu Stadium, have seen their valuation pull away from their major rivals.

LONDON - Real Madrid, whose revenues have been supercharged by the refurbishment of their Santiago Bernabeu Stadium, have seen their valuation pull away from their major rivals.

The Spanish club were worth €6.28 billion (S$9.13 billion) as of January, a 23 per cent year-on-year increase, Football Benchmark said in its latest annual report.

The valuation is comparable with the biggest names in US sport. Last week, National Football League owners approved the sale of a 6.2 per cent stake in the San Francisco 49ers to three investor groups at an US$8.5 billion (S$10.97 billion) valuation, the highest ever for a sports team. The Boston Celtics are being sold for a valuation of US$6.1 billion.

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