General News: Real Madrid is richest soccer club; World’s 20 clubs have average worth of $1.44 bn

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MUMBAI: The 20 most valuable soccer teams in the world are worth $1.44 billion on average, 24% more than the top 20 teams were worth a year ago, reports Forbes. The credit goes to richer television deals, such as the three-year $7.9 billion agreement for the English Premier League between Sky Sports and BTSport starting with the 2016–17 season and more lucrative uniform deals like $130 million-a-year arrangement between Manchester United and adidas. Real MadridAt the top is Real Madrid. The club’s current value is $3.65 billion and the revenue is $694 million. Operating income is $162 million. During the past decade, Real Madrid’s revenue has increased at a 7.7% rate annually, underpinned by the Champions League play and sponsorships with adidas and Emirates. In the second spot is Barcelona. The current value is $3.56 billion. Revenue is $675 million while operating income is $108 million. Last year, Barcelona became the only team to win the treble (League, Spanish Cup and Champions League) twice (2008–09 and 2014–15). According to Forbes, despite a slump in fortunes on the field, Manchester United is third. Their current value is $3.32 billion. Revenue is $625 million while operating income is $190 million. Its record commercial revenue ($317 million) for an English soccer team will surge due to its $1.1 billion, 10-year adidas kit deal that began with the 2015–16 season. The German club Bayern Munich is fourth. Its current value is $2.68 billion while revenue is $570 million. Operating income is $60 million. In April 2015, Bayern Munich extended its kit deal with adidas for 10 years, through 2030, for $986 million. In the fifth spot is Arsenal. The club’s current value is $2.02 billion and revenue is $524 million. The operating income is $122 million. During the 2014­–15 season, Arsenal had the highest match day revenue ($158 million) of any team, in part because they have the most expensive ($2,895) season ticket in the Premier League.

Read more at: http://www.televisionpost.com/tvp-special/real-madrid-is-richest-soccer-club-worlds-20-clubs-have-average-worth-of-1-44-bn/ | TelevisionPost.com