Manchester United has again been named most valuable European football club, being worth about €3.25bn (£2.9bn) says business services group KPMG.
The English club tops KPMG’s study of top sides’ “enterprise value”, ahead of Real Madrid and Barcelona.
The study, based on the 2015-16 and 2016-17 seasons, studied profitability, broadcasting rights, popularity, sporting potential and stadium value.
Champions League finalists Liverpool are in eighth place in the rankings.
In the analysis of 32 major teams, Premier League clubs fill six of the top 10 places.
Andrea Sartori, KPMG’s global head of sports and the report’s author, said the overall value of the football industry had grown over the past year.
“Overall growth is driven by different factors, one of these being the increase of operating revenues of the top 32, at 8%,” he said.
“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.”
Top 10 European clubs by ‘enterprise value’
■ Manchester United – €3.255bn
■ Real Madrid – €2.92bn
■ Barcelona – €2.78bn
■ Bayern Munich – €2.55bn
■ Manchester City – €2.16bn
■ Arsenal – €2.10bn
■ Chelsea – €1.76bn
■ Liverpool – €1.58bn
■ Juventus – €1.30bn
■ Tottenham – €1.29bn
Source: KPMG
