Manchester United ranked as a Europa League most valuable club by a recent report into the financial strength of the mainland top clubs.
According to the report by professional services firm KPMG seems at the financial of 39 clubs based on their status on social media channels, revenues for the 2014-15 and 2015-16 seasons, and success in UEFA European competitions.”
United was ranked by project value, an accounting measure used to weigh up how much it cost to buy any company or club as it added a business’s total money owing.
Although, two moderately disappointing seasons on the pitch between 2014 and 2016, earlier United’s value rushed clear of Real Madrid and Barcelona, flattering the first to break the three billion euros (2.7 billion, $3.4 billion) mark as enterprise value.
Bayern Munich stays in fourth place, while Manchester City edge past Arsenal to take the fifth spot, both under the enterprise value of Euro 1.7 billion. Liverpool, Juventus, Spurs and Chelsea fill the next four positions, which mean six of 10 from the Premier League.
KPMG global head of sports Andrea Sartori said in a statement that “The aggregate value of Europe’s leading football clubs suggests that the overall value of football, as an industry, has grown.”
“While this is partially explained by football’s broadcasting boom, the internationalisation of the clubs’ commercial operations, their investment into privately owned and modern facilities, and overall more sustainable management practices are also key reasons for this growth.”
KPMG’s head Sartori added, “In terms of media rights value, the English Premier League sits comfortably at the top of European leagues, although other major leagues have outlined well-defined strategies to compete for the attention of global fans.”