Real Madrid is the world's most valuable football brand, according to an annual report by brand consultancy Brand Finance. The report says the Spanish club's brand is worth €1.419bn ($1.67bn), followed in second place by arch rival Barcelona, just behind on €1.413bn - Brand Finance
Sportswear manufacturer Puma said it was "impossible" to provide an accurate financial outlook for the year due to Covid-19, as it reported its second quarter results. Second-quarter sales fell 30.7 per cent to €831m ($979m), and it made a loss of €115m - Reuters
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