AIRLINK 75.25 Increased By ▲ 1.55 (2.1%)
BOP 4.90 No Change ▼ 0.00 (0%)
CNERGY 4.42 Decreased By ▼ -0.10 (-2.21%)
DFML 43.45 Decreased By ▼ -1.43 (-3.19%)
DGKC 84.75 Decreased By ▼ -0.75 (-0.88%)
FCCL 21.23 Decreased By ▼ -0.17 (-0.79%)
FFBL 32.46 Decreased By ▼ -0.05 (-0.15%)
FFL 9.50 Decreased By ▼ -0.09 (-0.94%)
GGL 10.13 Decreased By ▼ -0.14 (-1.36%)
HASCOL 6.97 Decreased By ▼ -0.16 (-2.24%)
HBL 114.65 Decreased By ▼ -0.05 (-0.04%)
HUBC 139.45 Increased By ▲ 0.35 (0.25%)
HUMNL 12.15 Decreased By ▼ -0.27 (-2.17%)
KEL 4.95 Decreased By ▼ -0.08 (-1.59%)
KOSM 4.40 Decreased By ▼ -0.05 (-1.12%)
MLCF 37.24 Decreased By ▼ -0.36 (-0.96%)
OGDC 134.25 Decreased By ▼ -2.55 (-1.86%)
PAEL 25.25 Decreased By ▼ -0.14 (-0.55%)
PIBTL 6.61 Decreased By ▼ -0.08 (-1.2%)
PPL 119.20 Decreased By ▼ -1.80 (-1.49%)
PRL 26.45 Decreased By ▼ -0.14 (-0.53%)
PTC 13.75 Decreased By ▼ -0.35 (-2.48%)
SEARL 57.00 Decreased By ▼ -0.30 (-0.52%)
SNGP 66.92 Decreased By ▼ -1.08 (-1.59%)
SSGC 10.33 Decreased By ▼ -0.09 (-0.86%)
TELE 8.34 Decreased By ▼ -0.11 (-1.3%)
TPLP 10.89 Decreased By ▼ -0.09 (-0.82%)
TRG 62.80 Decreased By ▼ -0.54 (-0.85%)
UNITY 26.97 Decreased By ▼ -0.08 (-0.3%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 7,913 Decreased By -28.1 (-0.35%)
BR30 25,406 Decreased By -242.3 (-0.94%)
KSE100 75,351 Decreased By -166.9 (-0.22%)
KSE30 24,195 Decreased By -82.4 (-0.34%)

Manchester United have taken over fellow rivals Real Madrid, to become the most valuable football club in Europe.

A report by auditors KPMG has found, that Man United valued at €3.004 billion, ahead of both Real and Barcelona valued €2.895bn and €2.688bn, respectively.

The value of the United have jumped from the past season, as KPMG had estimated Madrid and United as being worth €2.9bn at the end of the 2015-16 season.

"While this is partially explained by football's broadcasting boom, the internationalisation of the clubs' commercial operations, their investment into privately-owned and modern facilities, and overall more sustainable management practices, are also key reasons for this growth," said Andrea Sartori, KPMG's global head of sports and the report's author, quoted BBC.

"In terms of media rights value, the English Premier League sits comfortably at the top of European leagues, although other major leagues have outlined well-defined strategies to compete for the attention of global fans," he said.

The auditing company also estimated that United are the first football club to break through the €3bn barrier for enterprise value.

Copyright Business Recorder, 2017
 

 

Comments

Comments are closed.