Manchester United overtakes Real Madrid as most valuable club in Europe [See Top 10]

Manchester United has been named Europe’s most valuable club.The club overtook Real Madrid which slipped to second on the top 10 list.

The analysis just released by KPMG, shows there were six sides from England’s top-flight in the top ten, up by one as Tottenham joined United, Manchester City, Arsenal, Chelsea and Liverpool.

It predicts that Premier League’s dominance will increase further next year as the current report, analysing latest publicly-available financial statements, has yet to include the impact of a bumper new TV broadcasting deal starting in 2016/17.

Manchester United estimated “enterprise value” rose by 7% to €3.1bn taking it ahead of Real Madrid after the two teams shared first place last year.

The accounting measure assesses how much it would cost to buy a club or company, including its total debt.

Andrea Sartori, KPMG’s global head of sports said: “The aggregate value of Europe’s leading football clubs suggests that the overall value of football, as an industry, has grown.

“While this is partially explained by football’s broadcasting boom, the internationalisation of the clubs’ commercial operations, their investment into privately owned and modern facilities, and overall more sustainable management practices are also key reasons for this growth.

“In terms of media rights value, the English Premier League sits comfortably at the top of European leagues, although other major leagues have outlined well-defined strategies to compete for the attention of global fans.”

The full list of top ten most valuable clubs in Europe are Manchester United, Real Madrid, Barcelona, Bayern Munich, Manchester City, Arsenal, Chelsea, Liverpool, Juventus and Tottenham.

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