Real Madrid has surpassed Barcelona to become the most valuable football club in the world with a total commercial value of $10 billion. This is according to the latest report from Deloitte, which analyzed the financial performance of 46 top clubs across Europe.

The Spanish giants have been on a steady rise in terms of their commercial value over the past few years, and this new milestone marks a significant achievement for the team. The report also highlights that Real Madrid's revenue from broadcasting rights has increased by 27% year-on-year, while its sponsorship deals have seen a 29% increase in value.

Barcelona, on the other hand, remains the second-most valuable football club in the world with a total commercial value of $8.5 billion. However, it's important to note that the gap between Real Madrid and Barcelona is closing fast, as both teams continue to grow in popularity and generate significant revenues through various means.

Overall, the results of the Deloitte report show that Real Madrid's success in the football industry is not just limited to their on-field performances but also extends to their commercial efforts. With continued investment in their brand and strategy, it's likely that they will maintain their position as one of the most valuable football clubs in the world.