Second best: Man Utd's value falls below Man City for the first time; Spurs above Liverpool



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Paul Nicholson

May 1 – Manchester United generated £ 90 million more in revenue than Manchester City in the 2017/18 fiscal year (£ 590 million versus £ 500 million), but City overcame its red rivals and is currently worth more than £ 275 millions more like a club.

The club's evaluation numbers come from an analysis of Premier League clubs by the University of Liverpool's Center for Sports Business. The ratings also show that the Spurs are currently worth £ 222 million more than Liverpool and Chelsea, who are equally valued.

Spurs, benefiting from extra revenue from playing at Wembley, Champions League competition and a half of Manchester United's payroll, are valued at £ 1.83 billion against ratings of £ 1.615 billion for Liverpool and Chelsea.

The two Manchester Club ratings break the £ 2 billion mark (City: £ 2,364 billion, Utd: £ 2.087 billion).

The difference between the top six clubs and the rest of the Premier League in terms of revenue and appreciation is significant, "and their dominance of revenue streams will likely ensure that the difference between them and the remaining Premier League clubs is maintained." say the authors of the report.

"The value of the Premier League clubs decreased by 1.6% in total to £ 14.7 billion, with the & Bigger & # 39; (Manchester United and City, Liverpool, Arsenal, Chelsea and Spurs) reaching £ 10.9 billion (74%) of this total (2017: £ 9.9 billion 67%) … "they say.

"The difference between the club down in the Big Six & # 39; and the next highest rating is now almost £ 1 billion.

Evaluations were made using the Markham Multivariate Model created by Dr. Tom Markham, a senior executive at Sports Interactive, creators of Football Manager.

The model takes into account revenues, profits, non-recurring costs, average profits on player sales over a three-year period (which relates to how the Premier League calculates profits for Financial Fair Play purposes), net assets, control wages and the proportion of seats sold.

The figures are taken from the financial statements sent to Companies House.

It seems a fairly accurate reflection of the club-sharing business market. The authors point out that "the only big deal in the Premier League during 2017/18 was in relation to Stan Kroenke, who acquired the remaining 30% of Arsenal shares, that he no longer had £ 550 million, which valued the club as £ 1.83 billion. In our 2017 club evaluation report, we estimate Arsenal worth £ 1.82 billion. "

The report highlights smaller declines in some intermediate-level clubs due to weaker cost control in a season where Premier League revenue increased by £ 253 million in salaries, an increase of £ 356 million.

Wage control is clearly the biggest challenge for the Premier League. "Wages as a proportion of revenue fell to the lowest in a decade in 2016/17 when the new broadcast deal began, but increased in 2017/18 and could easily surpass 60% next season."

Source: Liverpool University Sports Business Center

Contact the writer of this story at moc.l1556692377labto1556692377ofdlr1556692377Owedi1556692377sni1556692377osloh1556692377cin.l1556692377uap1556692377

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