Real Madrid remains the most valuable club in Europe ahead of Manchester United and Barcelona, which climbs one position to third place, according to the fifth edition of the study carried out each year by the company KPMG.
This report classifies the large continental clubs according to their business value after analyzing variables such as profitability, popularity, sports potential, television rights or ownership of the stadium as of January 1, 2020, so the impact of the coronavirus.
Real Madrid leads the ranking with an estimated value of 3,478 million euros (+ 7.9% over the previous year) for the 3,342 million of Manchester United (+ 4.2%). The podium is closed by Barcelona, which is experiencing a great rise (+ 19.3%) to reach a total value of 3,193 million and relegate Bayern Munich to fourth place, with 2,878 million.
They complete the first places in this ranking andl Liverpool (5th, 2,658 million), Manchester City (6th, 2,606 million), Chelsea (7th, 2,218 million), Tottenham (8th, 2,067 million), Paris Saint-Germain (9th, 1,911 million) and Arsenal (10th, 1,852).
As for Spanish clubs, in addition to Real Madrid and Barcelona, five other teams appear on this list of the 32 most valuable in Europe. They are Atlético de Madrid (13th, 1,197 million), Valencia (25th, 408 million), Seville (26th, 372 million), Athletic (29th, 320 million) and Villarreal (32nd, 301 million).
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