Man United remains world’s most valuable club
Manchester United has been ranked football’s most valuable team
by Forbes magazine for the seventh year in a row, while Barcelona’s
valuation has dropped.
Taking into account income, profitability and debt levels, the
American business magazine’s valuation of United has risen slightly
to $1.9 billion despite only winning the 2010 League Cup since its
last Premier League title triumph in 2009.
United, though, is a favorite to wrap up a record 19th English
title this season.
Speculation continues to swirl that the club will be sold in the
near future, although the owning Glazer family has issued
statements twice in the last year to insist they won’t sell United,
which recorded losses of $171.5 million in the year to June
United is again followed by Real Madrid and Arsenal, but
Barcelona has been dislodged from fourth place in the rankings by
Bayern Munich, with the valuation of the Spanish champions slipping
below the $1-billion mark to $975 million.
”Barcelona declined because of a combination of high debt, a
stronger U.S. dollar and uncertainty surrounding the financial
stability of the media company that broadcasts their games,”
Forbes executive Editor Mike Ozanian said Wednesday.
Barcelona tops the Spanish league, but lost to Real Madrid in
the Copa del Rey final on Wednesday, allowing its fiercest rival to
win its first trophy since 2008.
Real Madrid has also seen its Forbes value rise from $1.3
billion to $1.5 billion to retain second place.
Arsenal is enduring a title drought stretching back to 2005 but
stays third as American sports tycoon Stan Kroenke mounts a
takeover bid that values the London club at 731 million pounds
Two other Premier League clubs are in the top 10, with Premier
League champion Chelsea rising from ninth to seventh and Liverpool
dropping from sixth to ninth as its value collapsed from $822 to
$552 in the wake of the enforced sale to Boston Red Sox ownership
group in October in a deal worth $476 million.
Liverpool missed out on the lucrative Champions League this
season and is unlikely to qualify for next season’s competition.
With the team sixth in the English top flight it has won 18 times,
the Reds also face missing out on the Europa League.
”The top soccer teams that can consistently qualify for the big
European tournaments are increasing in value in large part because
they reaping the benefits of higher broadcasting and sponsorship
revenue,” Ozanian said.
In a separate study released Wednesday, Barcelona and Real
Madrid were shown to have overtaken the New York Yankees as the
best-paid global sports teams.
The review of average first-team pay in 14 of the world’s
leading sports leagues showed that was $7.9 million at Barcelona
and $7.4 million at Real Madrid during the 2009-10 season.
The third-placed Yankees are paying their players an average of
$6.8 million this season. The MLB side last year topped the review
which is compiled by The Sporting Intelligence website and is being
published by ESPN The Magazine.