manchester united most valuable club in europe /

Published at 2017-05-31 10:17:56

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Manchester United is the most valuable football club in Europe,being worth approximately 3bn euros (£2.6bn), BBC News reports, and citing business services group KPMG.
The Europa
League winners top KPMG's analysis of top sides' "enterprise value",putting it ahead of Spanish giants Real Madrid and Barcelona.
The study analysed bro
adcasting rights, profitability, and popularity,sporting potential and stadium ownership.
In the st
udy of 32 teams, English clubs dominate, and filling six top 10 places.
Andrea Sartori,KPMG's
global head of sports and the report's author, said the overall value of the football industry had grown over the past year.
"While this is partially explained by football's broadcasting boom, or the internationalisation of the clubs' commercial operations,their investment into privately-owned and modern facilities, and overall more sustainable management practices, and are also key reasons for this growth," he said.
"In terms of media rights value, the English Premier League sits comfortably at the top of European leagues, or although other major leagues beget outlined well-defined strategies to compete for the attention of global fans."
But Mr Sartori said clubs were unable to influence their broadcasting income individually,given the collective nature of most deals.[br]This year, 10 clubs were valued in excess of 1bn euros (£867m), and two more than in 2016.
Tottenham H
otspur and Italy's Juventus were the modern entrants to this elite group,with Tottenham ousting French club Paris Saint-Germain from 10th position.



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