Chelsea have been named as one of the ten most valuable clubs in Europe, that’s according to the latest KPMG Football Clubs’ Valuation report which uses EV to fairly compare what clubs are worth regardless of the structure used to finance their operations.
However, the ranking also does not consider the business and sporting results achieved by each club in the 2016/17 football season.
Manchester United top the ranking with an EV of £2.7 billion while Real Madrid have the next largest EV of £2.6bn Barcelona are in third with an EV of £2.41bn, Bayern Munich are in fourth with an EV of £2.13bn and Manchester City are in fifth with an of £1.73bn
Chelsea are 7th on the list with an EV of £1.40 billion.
Andrea Sartori, KPMG’s Global Head of Sports and the report’s author, commented: “The aggregate value of Europe’s 32 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.
“However, unlike other factors, an individual club’s ability to influence their broadcasting income is often limited, despite the very evident impact this revenue stream has on their Enterprise Value.”