AC Milan are the second must valuable club in Serie A, a study has shown, above their city rivals Inter but behind Juventus.
Forbes (via Calcio e Finanza) have drawn up a ranking of the 30 most valuable football clubs in the world. For the first time a club exceeds the valuation of six billion dollars as Real Madrid are worth $6.07bn. Los Blancos are positioned ahead of Manchester United ($6bn) and their big rivals Barcelona ($5.51bn).
The 30 teams on the list have an average value of $2.17bn while the 2022 ranking included only 20 clubs, at an average valuation of $2.53bn. If we exclude the last 10 from this year’s ranking, the average value is $2.89bn, 14% higher.
The increase in the value of the clubs is not the result of the variation in revenues but the higher corporate multiples (data calculated by dividing the corporate value by the revenues) that the buyers they are paying to take over the clubs. For example, Manchester United could be sold for $6bn, 7.7 times more than its revenue.
In terms of Italian clubs, Juventus lead the way in 11th place with a value of $2.16bn, recording a decrease of 12% from last year. Three placed below are Milan, with a valuation of $1.4bn (value up by 17%).
Inter are 16th, at $1.06bn, +3% from the previous year. The last Italian team in the standings is Roma, who at $724m are in 27th position. The Giallorossi saw their value grow by 11% compared to 2022.
Here is the complete ranking:
- Real Madrid – $6.07bn
- Manchester United – $6bn
- Barcellona – $5.51bn
- Liverpool – $5.29bn
- Manchester City – $4.99bn
- Bayern Monaco – $4.86bn
- Paris Saint-Germain – $4.21bn
- Chelsea – $3.21bn
- Tottenham – $2.8bn
- Arsenal – $2.26bn
- Juventus – $2.16bn
- Borussia Dortmund – $1.93bn
- Atletico Madrid – $1.54bn
- Milan – $1.4bn
- West Ham – $1.08bn
- Inter – $1.03bn
- Los Angeles FC – $1bn
- Los Angeles Galaxy – $925m
- Atlanta United – $850m
- Crystal Palace – $806m
- New York City – $800m
- Newcastle – $794m
- Leicester – $781m
- Aston Villa – $756m
- Everton – $744m
- Lyon – $734m
- Roma – $724m
- DC United – $700m
- Toronto FC – $690m
- Austin FC – $680m
