MADRID: LaLiga side Real Madrid topped the list of the most valuable soccer teams in the world for the fourth year in a row with a valuation of $6.6 billion, business magazine Forbes has said.

Real became the first soccer club to bring in a billion dollars in a single year after they posted a record $1.13 billion in revenue for the 2023-24 season, the magazine added in a report published on Friday.

ABU DHABI: Manchester City’s chairman, Khaldoon Al-Mubarak, has provided his annual review of the season to the club’s official online channel. In part 2 of the interview he reveals the team’s desire to retain the FIFA Club world Cup taking place in June and discusses the developments taking place across City Football Group. Here are some of the highlights.

On the FIFA Club World Cup…

“Well, as the defending champions coming into this new format, of course, we’re very excited. We’re very excited to come in as champions. The format actually, I really like it.

“This is a very, very serious competition. I think, in the summer, the whole world will be watching this with a big number of the top teams in the world will be competing in this tournament.

“I can assure you we’re going to give it our best shot. We’re going in there to win it. This is the beginning of the new season, not the continuation of last season.

“The team will take the rest that they will take right now, and then they start pre-season and then immediately straight into the Club World Cup.”

On Manchester City’s North Stand redevelopment…

“It’s coming up very fast. It’s going to be a great addition to the campus. Once we start the new season, everybody will start physically seeing it a lot clearer.

“The hotel is also coming up nicely. It’s moving very, very fast, but we’re happy with the contractors on the ground. This is going to be a game changer. You will see over these next 12 to 18 months. This is going to be a game changer for the campus and for the club.”

On NYCFC…

“Well, more than the foundation, the work is fully now in full effect. Construction is happening at a fast pace. This is going to be an incredible stadium. We’re very excited about what we’re doing in New York, what we’re doing for that community in terms of a proper football stadium, with a team that now is closing in on 10 years.

“It’s been a great journey. And they’ve earned (it). They deserve a stadium, and finally, they’re going to get it. And we have now a line of sight of when it’s going to be finished and it’ll be transformative for football fans in New York, for our fan base, and really at a time where football is booming in America.”

On City Football Group…

“It’s developed very well. We look at City Football Group as a group, but then each team individually and each team gets the attention it requires and gets a lot of attention from the whole leadership team.

“There’s individuality with each club. Depending on where they are around the world, each one has its own requirements. But overall, one of the things that gives us confidence is how many similar models now are following our CFG model.

“There are a lot of other groups now that are pursuing what we have built at City Football Group, which tells you there’s an appreciation that this is a good model and it’s a model that’s effective.”