Tottenham Overtake Arsenal As Europe’s 10 Most Valuable Clubs Are Revealed
Tottenham have overtaken their London rivals Arsenal on the list of the Europe's most valuable clubs, while Liverpool's value has skyrocketed.
The annual assessment of Europe's biggest clubs comes each year from financial experts KPMG and it seems Arsenal are suffering for a continued absence from the Champions League, while Spurs have played Champions League football in four of the last five seasons.
Real Madrid remain the world's richest football brand, according to The Mirror, with a net worth of £2.95 billion* - a rise of 1.5% from last season for the La Liga giants. Manchester United are a close second with a value of £2.84 billion.
Obviously that puts United top of the pile in Premier League terms, but Liverpool are catching their old rivals. While Man United's value dropped by 2% overall, Liverpool's leapt by a massive 19.3% to £2.26 billion.
That puts the Premier League champions freshly above Manchester City (£2.21 billion) and above Chelsea (£1.88 billion).
However Liverpool are still below Barcelona (Europe's third most valuable club) and Bayern Munich (fourth).
Arsenal, however - by tradition London's biggest club - are only just hanging on to their top-10 status among Europe's most valuable clubs. Tottenham's 15.8% gain to a value of £1.75 billion, moved them above the Gunners and PSG into eighth spot in Europe.
Arsenal's value dropped 13.2% to £1.57 billion. However they are still keeping Juventus just outside of the top 10, with no Serie A clubs present.
Europe's top 10 most valuable football clubs are listed below.
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1. Real Madrid
2. Manchester United
4. Bayern Munich
6. Manchester City
9. Paris Saint-Germain
*All figures compiled by KPMG. Full valuation report for 2021 is due around May
All imagery: PA Images
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