Liverpool have leap-frogged Premier League rivals Manchester City and Chelsea in the list of Europe’s most valuable clubs with their valuation soaring by 19 per cent to almost £2.25billion.
But the reigning European champions remain some way behind the wealth of Real Madrid, Manchester United and Barcelona in the annual rich list.
The Bernabeu club remain top of KPMG’s rankings for 2020 with an enterprise value of £2.95bn following a small increase of 1.5 per cent over the past year.
But it was enough to keep them ahead of United in second place, whose value actually went down two per cent to £2.84bn over the past 12 months
That has allowed Barcelona, who overtook Bayern Munich into third, to close the gap following a 12.2 per cent rise in value to £2.7bn.
But Liverpool are the big winners off the back of their Champions League triumph last season and likely Premier League success if this season can resume. A rise in value of 19.3 per cent was recorded by KPMG’s figures, which saw them move ahead of Man City and Chelsea with an enterprise value of some £2.25bn.
City recorded a tiny 0.3 per cent contraction and are worth £2.21bn, while Chelsea, who won last season’s Europa League, are valued at £1.88bn, down 6.3 per cent.
Tottenham, who lost to Liverpool in last season’s Champions League fi nal, climbed a place into eighth, while Paris Saint-Germain recorded enormous growth of 36.7 per cent to move above Arsenal and Juventus into the top 10.
Arsenal, who have missed out on Champions League football for the past two years, slip 13.2 per cent in value to 10th at £1.57bn.
However, KPMG make clear their fi gures were compiled fi ve months ago on January 1 and do not include the impact of the Covid-19 pandemic, which has hit every football club. Next year’s valuations will take this impact into account.
Other big winners included Inter Milan, whose value rose by 33.7 per cent, lifting them to 14th position and fellow Serie A club Roma, who climbed fi ve spots to 16th. In all, there are eight Premier League clubs in the top 20, with West Ham and Leicester adding to those in the top 10.
Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to firstname.lastname@example.org