KPMG has named Manchester United as the world’s most valuable football club, becoming the first ever club to have an enterprise value of over €3 billion.
The Dutch auditors have devised an algorithm which takes in not only a club’s revenue, but is a combination of five three factors: profitability, popularity, sporting potential, broadcasting rights and stadium ownership. The combination of all these factors produces the Enterprise Value (EV).
- Manchester United -3.09bn euros
- Real Madrid – 2.97bn euros
- Barcelona – 2.76bn euros
- Bayern Munich – 2.44bn euros
- Manchester City – 1.97bn euros
- Arsenal – 1.95bn euros
- Chelsea – 1.59bn euros
- Liverpool – 1.33bn euros
- Juventus – 1.21bn euros
- Tottenham – 1.01bn euros