Spanish clubs still tops the list of richest clubs in the world ranking as Liverpool move up the table and Manchester United’s value drops.
Liverpool has moved up to close the gap on Manchester United as England’s most valuable club after their EPL title win, according to the latest report released by Brand Financial Football Annual.
The Merseyside club move to fourth place in the world rankings, as they gained six per cent to £1.143billion (€1.262bn), they are just £47 million behind their Premier League rival Manchester United who are valued at £1.190bn, this represents a £143m drop from the previous year, as they dropped to the third position.
Interestingly, the two clubs are behind La Liga champions Real Madrid and Spanish league runner up Barcelona, with Real Madrid holding on to the top spot despite a financial loss of 14 per cent, the Covid-19 pandemic has affected the brand value of the top 50 clubs to drop for the first time in six years.
The reports from Brand Finance Review shows that La Liga champions are top of the list with an estimated value of £1.286bn (€1.419bn), despite losing over £200m due to the pandemic.
Barcelona on the other hand, actually gained 1.4 per cent to close the gap between them and league rival to £5.4m (6m) at the top of the table, as they Catalan giant are still valued at £1.280bn (€1.413bn).
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Furthermore, the top 10 has six English teams with Man city in the fifth position after they lost 10.4 per cent which resulted in a decrease of £118m as the club is now valued at £1.01bn (€1.124bn).
London club Chelsea dropped to the eighth position, as their value dropped for the fourth consecutive year, while London rival Tottenham are placed at ninth to pip city rival by a margin of £58.9m (€65m), who are placed 10th.
Surprisingly, no Italian club is placed in the top 10 with the closest club Serie A champions Juventus placed 11th, rivals Inter Milan and AC Milan take 14th and 22nd respectively.
German club Borussia Dortmund is placed 12th, Atletico Madrid place 13th and RB Leipzig in 15th place. Premier League club Leicester City recorded a 44 per cent increase to gain £301m (€333m) due to their recent strong finish in the league despite missing out on Champions League football.
Wolves Hampton Wanderer also gained 30 per cent and now valued at £219m (€242m). While some Premier League clubs have experienced significant drop such as Bournermouth lost 31%, Watford lost 21% and West Ham 18%
Consequently, Covid-19 has played a major part in revenue for clubs, as match-day, broadcasting and commercial value has reduced with over has seen £680m (€751m), or 3.7 per cent lost by brand value of the world’s top 50 football clubs.
Temitope is a content writer,freelance writer, a MOVIE BUFF, football lover and a proud Chelsea fan (bring on the banter lol).