Manchester United named the most valuable club in Europe

Manchester United named the most valuable club in Europe

English Premier League giants, Manchester United remain the most valuable club in Europe according to the latest study of leading teams across the World.

The report looked at the finances of 32 clubs based on their popularity on social media channels, aggregate operating revenues over three seasons, and success in European competitions.

The clubs were then ranked by ‘enterprise value’ – an accounting measure used to assess how much it would cost to buy any given club or company as it includes a business’ total debt, with professional services firm KPMG using its own formula to reach these valuations.

For the period covered by the KPMG study, as at January 1, 2018, United came out on top of the most prominent European football clubs.

United’s enterprise value sees them again rank ahead of both Spanish giants Real Madrid and Barcelona, extending their lead with a year-on-year growth of five percent.

The Premier League club top the list at €3.255bn, with Real Madrid at €2.92bn edging out Barcelona at €2.783bn.

If you use the quotes from this content, you legally agree to give www.brila.net the News credit as the source and a backlink to our story. Copyright 2024 Brila Media.

COMMENTS

WORDPRESS: 0
WP Twitter Auto Publish Powered By : XYZScripts.com
error: Content is protected !!