AC Milan are the second must valuable club in Serie A, a study has shown, above their city rivals Inter but behind Juventus.
Forbes (via Calcio e Finanza) have drawn up a ranking of the 30 most valuable football clubs in the world. For the first time a club exceeds the valuation of six billion dollars as Real Madrid are worth $6.07bn. Los Blancos are positioned ahead of Manchester United ($6bn) and their big rivals Barcelona ($5.51bn).
The 30 teams on the list have an average value of $2.17bn while the 2022 ranking included only 20 clubs, at an average valuation of $2.53bn. If we exclude the last 10 from this year’s ranking, the average value is $2.89bn, 14% higher.
The increase in the value of the clubs is not the result of the variation in revenues but the higher corporate multiples (data calculated by dividing the corporate value by the revenues) that the buyers they are paying to take over the clubs. For example, Manchester United could be sold for $6bn, 7.7 times more than its revenue.
In terms of Italian clubs, Juventus lead the way in 11th place with a value of $2.16bn, recording a decrease of 12% from last year. Three placed below are Milan, with a valuation of $1.4bn (value up by 17%).
Inter are 16th, at $1.06bn, +3% from the previous year. The last Italian team in the standings is Roma, who at $724m are in 27th position. The Giallorossi saw their value grow by 11% compared to 2022.
Here is the complete ranking:
- Real Madrid – $6.07bn
- Manchester United – $6bn
- Barcellona – $5.51bn
- Liverpool – $5.29bn
- Manchester City – $4.99bn
- Bayern Monaco – $4.86bn
- Paris Saint-Germain – $4.21bn
- Chelsea – $3.21bn
- Tottenham – $2.8bn
- Arsenal – $2.26bn
- Juventus – $2.16bn
- Borussia Dortmund – $1.93bn
- Atletico Madrid – $1.54bn
- Milan – $1.4bn
- West Ham – $1.08bn
- Inter – $1.03bn
- Los Angeles FC – $1bn
- Los Angeles Galaxy – $925m
- Atlanta United – $850m
- Crystal Palace – $806m
- New York City – $800m
- Newcastle – $794m
- Leicester – $781m
- Aston Villa – $756m
- Everton – $744m
- Lyon – $734m
- Roma – $724m
- DC United – $700m
- Toronto FC – $690m
- Austin FC – $680m
Bayern Monaco is an interesting new club 😅
Interesting to see so many american clubs up there. Didn’t expect that at all.
“Interesting to see so many american clubs up there. Didn’t expect that at all.”
Exactly!! I’m guessing that they multiplied their revenues by 20 to get to those estimates.
LAFCs revenue for that year was 1.16 hundred million, which is a multiplier of a little under 9.
There are ‘legitimate’ reasons why different companies have different multipliers, but I cant claim to understand it (at all).
Ours seems to be multiplied by about 6…who knows?
Although thinking about it, not owning a stadium is probably some of it.
Then for LA, owning a stadium on (and therefore land) in LA will certainly help (even if it’s not the best area).
Thanks for that bit of info, it’s much appreciated.
The recent increase of the franchise payments for new clubs has a lot to do with that.
The latest expansion franchise is paying $500MM.
“Monaco” is Italian for Munich (confusingly, Monaco is also still called Monaco) so I guess it’s translated from an Italian article
The recent increase of the franchise payments for new clubs has a lot to do with that.
The latest expansion franchise is paying $500MM.
Wow a lot of MLS teams indeed. Where do they get the money from? Anybody outside of US watching MLS?
It’s the value of them, not the revenue. MLS is a high value league at the moment because it’s growing and has big potential if things develop well around the next world cup.
In addition, they are a franchise model and their place in the MLS can only be bought out, it’s not like they can financially implode or be docked points or relegated.
Finally, they also have very new stadiums often in very valuable parts of expensive cities.
Right. I just simply assume that with that high valuation means that they have higher revenue. Cheers for clearing it up,