Tottenham Hotspur improve amidst Europe’s most valuable clubs
According to KPMG’s latest report (h/t Football.london), Tottenham Hotspur have risen to 7th place in the list of Europe’s club value rankings.
The Lilywhites are accompanied by five other English clubs as the Premier League dominates the top 10. The other clubs are Liverpool, Manchester United, Manchester City, Chelsea, and Arsenal.
This is the fifth annual club valuation report prepared by KPMG. It ranks the 32 most prominent European football clubs based on their value.
Tottenham are valued at a whopping £1.75billion, a rise of 15.8% with respect to last year’s value. The percentage rise is bettered only by Liverpool and Paris Saint-Germain.
Spurs also now hold the distinction of being the most valued club in North London. This comes after our arch-rivals Arsenals fell to 10th position. The Gunners are valued at £1.57billion and have suffered a 13.2% drop in value.
It is the biggest drop amongst the top ten as our arch-rivals witness a fall from grace. Chelsea, on the other hand, are one position ahead of us in sixth. They too have suffered a drop, with a 6.3% difference in value.
Manchester United are the highest-ranked English team and are second in the table. Only behind Real Madrid, they are valued at £2.84billion.
Liverpool is the second English club in the list with a value of £2.26billion. This represents a whopping 19.3% rise. Leicester City and West Ham also feature in the top 20. This brings the number of Premier League clubs in the list to eight.
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It is heartening to see the club rise up the rankings. Having reached the Champions League last season would have played a role in our progress. A return to the lucrative competition should be a priority for us in the coming months.
