Thursday 26 May 2016 8:49 am

Manchester United named most valuable club in the world but must win trophies with Jose Mourinho to stay at the top


I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

Manchester United have been named the joint-most valuable football club in the world, but have been warned that incoming manager Jose Mourinho will need to improve results if they want to remain top of the pile.

Both United and Real Madrid are estimated to be worth £2.1bn in a report published today by accountancy giant KPMG which values the FA Cup winners nearly £1bn higher than the next most valuable Premier League club, Arsenal, who are estimated to be worth £1.2bn.

The ranking of Europe’s biggest 32 clubs takes into account profitability, popularity, stadium ownership, broadcasting rights and sporting potential.

The Premier League’s commercial strength is represented with five clubs in the top 10, with Manchester City at £1.2bn, Chelsea at £1bn and Liverpool at £940m making up the sixth, seventh and eighth spots respectively.

Read more: Manchester United stay on course for £500m year after announcing record results

United, Liverpool and Arsenal are the only clubs in the top 10 not to have won their domestic league or the Champions League in the past three years and United’s value could be even bigger had they enjoyed the level of success sustained under Sir Alex Ferguson.

Last weekend’s FA Cup triumph marked United’s first trophy in the three years since Ferguson left and, KPMG say, Mourinho will need to deliver further triumphs if the club is to remain the sport’s most valuable.

“To a certain extent Manchester United is on course to match Real Madrid thanks to the expected benefit they’d receive from the incoming £1.8bn per season broadcast deal," KPMG’s global head of sports Andrea Sartori told City A.M.

“Sporting success generates value for any club, providing it is properly managed.

"Real Madrid have been significantly more successful on the pitch than Manchester United in the past three years.


“They have played regularly in the final stages of the Champions League. Two years ago they won it, this year they’re in the final. 

“United are going to miss the revenue that comes from qualifying for the Champions League next season.”

Barcelona trail United as the third most valuable club at £2bn, followed by Bayern Munich at £1.6bn. Italy and France’s only representatives, Juventus and Paris Saint-Germain, make up the ninth and 10th spots with respective estimated values of £726m and £622m.

The 32 elite European clubs on KPMG’s list are those who have achieved long-term success, are unlikely to be relegated and regular appearance in Uefa competitions.

Consequently, clubs such as Leicester and West Ham are not included in the ranking, although Everton and Tottenham are also included in the top 20 with estimated values of £591m and £336m respectively.

Rank Club Bottom value Mid-point Top
=1 Real Madrid €2,814m €2,905m €2,996m
=1 Manchester United €2,829m €2,905m €2,981m
3 Barcelona €2,677m €2,758m €2,840m
4 Bayern Munich €2,076m €2,153m €2,231m
5 Arsenal €1,594m €1,663m €1,731m
6 Manchester City €1,530m €1,620m €1,710m
7 Chelsea €1,365m €1,453m €1,541m
8 Liverpool €1,198m €1,273m €1,348m
9 Juventus €929m €983m €1,038m
10 Paris Saint-Germain €798m €843m €887m
11 Borussia Dortmund €781m €830m €879m
12 Tottenham Hotspur €768m €801m €834m
13 Schalke 04 €591m €624m €657m
14 Atletico Madrid €565m €592m €618m
15 AC Milan €507m €545m €583m
16 Everton €428m €455m €482m
17 Inter Milan €381m €399m €417m
18 Napoli €374m €394m €414m
19 Roma €337m €358m €379m
20 Ajax €283m €297m €311m
21 Benfica €271m €285m €298m
22 Fenerbahce €239m €256m €274m
23 Lazio €219m €233m €247m
24 Galatasaray €208m €225m €241m
25 Valencia €192m €203m €214m
26 Monaco €184m €195m €206m
27 Marseille €181m €190m €200m
28 Porto €175m €188m €201m
29 Lyon €176m €186m €195m
30 Sevilla €170m €181m €192m
31 PSV Eindhoven €167m €175m €184m
32 Fiorentina €148m €156m €165m

Share