According to a recent study, Manchester city was declared the most valuable club in premier league. Previously it was Manchester United. The study was conducted by Center for Sports Business Group, University of Liverpool. Factors like revenue, profits, non-recurring costs, average profits on player sales at the beginning of last season were taken into account while measuring the value of the clubs.
However, the combined value of Manchester City and Manchester United is alone 2 Billion Euro. The reason, Manchester City came on the top of the list because the profit they made on ‘player sale’. Previous year, they made 39 million dollar on that.
The study concluded, “The ownership model of Sheikh Mansour, which effectively means that the club is debt free, means that there are no loan interest costs and no dividends are paid to shareholders either.”
The top six clubs made up 74% of the overall total with Burnley almost 1 billion behind Arsenal in sixth.
The other findings of the study included United had the highest revenue in the league at 590 million Euro. The Gunners made a profit of 120 million Euro. Brighton saw a 148% increase in wages. Chelsea topped the table for annual match play income per fan at 1,791 Euros. Huddersfield made the lowest wages at 63 million, with united’s 296 million Euros.
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