Real Madrid has been the world's richest football club for five consecutive years, even after a trophyless season.

Real Madrid leads Forbes' ranking of the most valuable football teams worldwide for another year, after posting a historic annual sports revenue figure.

The $1.27 billion earned by Real Madrid during the 2024/25 season surpassed the $1.23 billion generated by the NFL's Dallas Cowboys in 2024. This sets a new annual revenue record for any sports team measured by Forbes (not adjusted for inflation).

According to Forbes, Real Madrid is now the most valuable football club in the world for the past five years, and has held this position 10 times in the last 13 years.

This is positive news for the Spanish club, following two seasons in which they failed to secure trophies on the pitch by their own standards, as no silverware was lifted at the Santiago Bernabéu.

However, off the pitch, they once again set the standard for world football—and now for all global sports—with a total valuation of $9.5 billion, leaving their fierce rivals and current LaLiga champions Barcelona $2 billion behind.

The Catalan club, ranked second on Forbes' list, is also performing reasonably well. They are the only other team (besides Real Madrid) to exceed $1 billion in annual revenue, excluding player transfer activities.

LaLiga may boast Real Madrid and Barcelona in the top two spots, but in terms of sheer numbers in the top 30, the Premier League dominates with 11 representatives.

This may explain the recent dominance in UEFA competitions, with English teams winning the last two editions of both the Europa League and the Conference League. Arsenal could complete a clean sweep of European titles for English clubs in the Champions League this Saturday.

Ahead of the World Cup being held in the United States, Mexico, and Canada, this is a major boost for American clubs, with seven MLS teams making the top 30—second only to the Premier League.

Serie A has four teams, while the Bundesliga and LaLiga have only three each among the 30 richest clubs. France's Ligue 1 is represented by reigning Champions League winners Paris Saint-Germain, and Portugal appears with Benfica.