Spanish football giants Real Madrid remains the Club in Europe, according to the Football Clubs’ Valuation report by accountancy firm KPMG.
The report, published on Thursday, put Manchester United in second from the Premier League struggles despite its own on-pitch while Real rivals Barcelona leapfrogged Bayern Munich into third party.
The fifth report ranks clubs based on their “enterprise value”, a metric generated by analysing profitability, popularity, sporting potential, TV rights and arena ownership to January 1, 2020.
That means the impact of the pandemic that is coronavirus was not considered.
“Club values have certainly been affected,” wrote Andrea Sartori, Head of sport. “However, the immediate impact cannot yet be quantified.”
Schalke and borussia Dortmund represent the Bundesliga in the Best 15 while there are nine Premier League clubs, seven Spanish and six Italian sides at the top 32.
The outbreak of the novel coronavirus, that has so far infected Than 5.7 million people and killed over 350,000, forced postponement and cancellation of many sporting events across the world.
The most significant one which was expected to occur in Japan was the Tokyo 2020 Olympics.
Earlier this month, Germany’s Bundesliga became the first major soccer league in Europe to resume after a two-month fracture, despite many enthusiasts opposing the resumption of this season.
Football faces dropping lots of clubs to bankruptcy because of the coronavirus pandemic, a club executive cautioned.