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Arsenal lead Tottenham in top 10 of world’s most valuable clubs
A new list of the world’s most valuable clubs has been published, and there’s room for both Arsenal and Tottenham in the top 10.
American business magazine has compiled their list based on revenues and operating income from the 2020/21 season, and six Premier League clubs are among the 10 most valuable.
Despite numerous stories regarding their financial issues, Barcelona top the list, with rivals Real Madrid in second place. Bayern Munich are ranked third, with Manchester United the highest-placed English club in fourth.
They’re followed in fifth by Liverpool, with Arsenal’s value of $2.8 billion (£2 billion) securing them eighth place. To put that figure in context, United are valued at $4.2 billion (£3.1 billion) and Barcelona at $4.76 billion (£3.5 billion).
Tottenham are in 10th position, with a value of $2.3 billion (£1.7 million).
Arsenal’s revenue for 2020 was $430 million (£313 million) and their operating income for that year was $47.3 million (£34.4 million), with a debt value of 7%.
For Tottenham over the same period, revenue was $494 million (£360 million) and operating income was $134.2 million (£97.7 million), with a debt value of 39%.
Elsewhere on the list, Manchester City are sixth, Chelsea are seventh, Everton 15th, West Ham 18th and Leicester 19th.
Forbes suggested that football was facing tougher times financially due to the pandemic.
They said: “The world’s 20 most valuable soccer teams are worth an average of $2.28 billion apiece, an increase of 30% from two years ago, the last time we published the ranking.
“The jump comes despite a decline in revenue caused by limited attendance during the pandemic, with buyers focused on what they see as still untapped revenue potential in the sport’s massive global following.
“Average revenue for the 20 teams was $441 million for the 2019-20 season, down 9.6% from 2017-18, while average operating income fell by 70% over the period to $23 million. “The pain is far from over, with a worsening decline in match-day revenue during the current season as most of the teams in Europe’s top leagues still permit few fans to attend games.”