Man Utd is still Europe's most valuable club
Manchester United are still the most valuable club in European football according to a recent study.
Research conducted by business services group KPMG looked to confirm the “enterprise value” (EV) of Europe’s 32 leading football clubs.
Based on the 2015-16 and 2016-17 seasons, Manchester United have retained the title of Europe’s most valuable club – they are believed to be worth around £2.9bn, just more than Real Madrid and Barcelona .
The current top six in the Premier League – Manchester City, Manchester United, Tottenham, Liverpool, Chelsea and Arsenal – take up six of the top ten places.
According to KPMG’s global head of sports and the report’s author, Andrea Sartori, the value of the football industry has grown financially over the last 12 months.
She told the company’s official website: “Despite lower growth (14 percent) versus last year, the football industry continues its rise, with a second successive season of an EV increase (9 percent) for the top 32 clubs included in our ranking.
“Overall growth is driven by different factors, such as the increase in operating revenues of the top 32, at 8 percent.
“Eye-catching transfer deals and spiralling staff costs have not prevented such clubs from registering a striking upward trend, as the profits before taxes increased by some 17 times in comparison to the previous year.
“One of the reasons for this growth can be found in the significant influence exercised by English clubs, as well as the improved financial health of many mid-size clubs within the ranking, which also reflects compliance with the UEFA FFP Regulations.”
Manchester City are the second most valuable English club after their rivals United, although City do still trail behind German champions Bayern Munich in the full list.
Tottenham sneak into the top ten behind Italian giants Juventus, while Champions League finalists Liverpool are ranked the eighth most valuable club.