The 10 most valuable clubs in Europe have been revealed

According to the Football Benchmark agency, the list of the most valuable clubs in Europe has been published. According to it, Real Madrid, which has retained its leadership for the second year in a row, took first place in the ranking.

The total value of the club (Enterprise value - the total financial value of the company, including debt and shares) amounted to 6.278 billion euros. This figure increased by 23% compared to the previous year.

The greatest increase was recorded by Aston Villa from the United Kingdom - it rose to 19th place (899 million euros) with an increase of 42%. The greatest decrease was observed in the Dutch club Ajax - a loss of 22% (27th place, 536 million euros).

Italian grants - Milan, Inter and Juventus clubs did not enter the top ten. They took 13th, 14th and 15th places, respectively.

The top 10 looked like this:

1. "Real" - 6.278 billion euros
2. "Manchester City" - 5.104 billion euros
3. "Manchester United" - 5.051 billion euros
4. "Barcelona" - 4.459 billion euros
5. "Bayern" - 4.281 billion euros
6. "Liverpool" - 4.207 billion euros
7. "Arsenal" - 4.010 billion euros
8. PSG - 3.760 billion euros
9. "Tottenham" - 3.659 billion euros
10. "Chelsea" - 3.016 billion euros

In the last 10 years, the total value of 32 European clubs increased by 146 percent and reached 64.7 billion euros. Real Madrid is also the first football club to earn €1 billion from operating income, i.e. television rights, advertising, ticket sales, merchandise sales and similar commercial activities.

For your information, while the top 10 teams get more than half of their income from commercial activities, smaller clubs maintain financial stability through player sales, such as Benfica, Porto and Atalanta.