Valuation TOP 30 clubs in Brazil – 4th edition
Sports Value presents the fourth edition of the exclusive study: Valuation TOP 30 clubs in Brazil 2023.
The study brings all the updates of the valuation numbers of the clubs, inflation update and exchange rate of R$-US$-€.
Download here the complete study – Valuation TOP 30 clubs in Brazil 2023-4th edition. With an ESG in football special content
TOP 30 teams in 2023 worth US$ 6.8 billion, 13% in US$. In R$ terms presented the same 2022 level.

Most valuable clubs in Brazil- 2023- US$ million
| Flamengo | 922 |
| Palmeiras | 729 |
| Corinthians | 627 |
| Atlético-MG SAF | 603 |
| São Paulo | 452 |
| Internacional | 433 |
| Atlhetico-PR | 427 |
| Fluminense | 296 |
| Red Bull Bragantino LTDA | 242 |
| Santos | 242 |
| Grêmio | 212 |
| Cruzeiro SAF | 156 |
| Fortaleza SAF | 130 |
| Botafogo SAF | 122 |
| América-MG SAF | 119 |
| Coritiba SAF | 115 |
| Vasco da Gama SAF | 103 |
| Sport | 96 |
| Bahia SAF | 94 |
| Atlético-GO | 92 |
| Ceará | 86 |
| Goiás | 69 |
| Cuiabá SAF | 63 |
| Guarani | 60 |
| Santa Cruz | 54 |
| Avaí | 53 |
| Náutico | 50 |
| Ponte Preta | 49 |
| Juventude | 44 |
| Portuguesa-SP | 38 |
Source: Sports Value

Club revenues improved and the brands value reached US$ 1.9 biillion for the first time for the TOP 30 teams.


ESG in football as a strategy to raise valuations

The business world has an acronym that is increasingly present, the ESG agenda: Environmental. Social & Governance.
ESG is guiding the strategic and management decisions of companies and the public sector. Present and future must be sustainable, or the earth will not survive.
Football is still very far from this scenario. The end of this year’s study brings special material on the impact of ESG on improving the valuation of clubs, with many important aspects, inspiring examples and global showcases.


In the 5th edition of the Sports Value study, it will also evaluate the ESG initiatives of the clubs analyzed.




