Real Madrid's most valuable club in Europe, "says KPMG

Real Madrid has overtaken Manchester United and has been named the most valuable European football club, with a value of about 3.22 billion euros (2.91 billion pounds sterling), according to KPMG.

The Spanish club tops KPMG's study on the "business value" of the larger teams.

The report, based on the 2016-17 and 2017-18 seasons, focused on profitability, broadcast rights, popularity, sports potential and stadium value.

The Champions League finalists Liverpool and Spurs are seventh and ninth in the standings.

Scottish presence

And the Europa League finalists Chelsea and Arsenal are in sixth and eighth place.

Manchester City is fifth, which means that six English clubs rank in the top 10.

Real Madrid won the Champions League in both seasons covered by the data. increasing its business value by 10%.

The Scottish triple, Celtic, is part of the list of 32 major clubs, the first team in the country to be.

Andrea Sartori, head of global sport at KPMG and author of the report, said that the overall value of the football industry had increased by 9% over the past year.

"The overall value of the company's top 32 clubs is mainly due to an overall 5% increase in total operating revenue," he said.

"On the other hand, staff costs also continued to rise, the average ratio of staff costs to the revenues of the largest clubs increasing by four percentage points, up to 63%."

Top 10 European clubs by "business value"

• Real Madrid – 3,224 billion euros
• Manchester United – 3.207 billion euros
• Bayern Munich – € 2.696 billion
• Barcelona – 2,667 billion euros
• Manchester City – 2,460 billion euros
• Chelsea – 2.277 billion euros
• Liverpool – 2.095 billion euros
• Arsenal – 2,008 billion euros
• Tottenham – € 1.697 billion
• Juventus – 1.548 billion euros

Source: KPMG

& # 39; Absolute domination & # 39;

Mr. Sartori added: "At league level, the English Premier League has confirmed its absolute dominance, with nine clubs among the top 32 and accounting for 43% of the total value."

The other three English clubs that fall outside the top ten are West Ham United, Leicester City and Everton.

Meanwhile, Inter Milan (15th) has gained five places and has become Italy's second most valuable club, thanks to a 41% increase in its company value.

This year, 13 clubs have been valued at more than 1 billion euros, one more than in 2018.

And eight clubs reported a company value exceeding 2 billion euros: five English Premier League, two from Spain and one from Germany.

The Spanish club Villarreal joined Celtic, for the first time in the top 32, while rivals La Liga, Valencia and Turkish Fenerbahce have abandoned.