It’s been a good three weeks since the summer transfer window closed. Since then, there are still ramblings about the amount of money each club in the Premier League has spent during that time. From Everton’s inconsistent performances despite splashing the cash to Arsenal’s Alexandre Lacazette purchase still not paying dividends – these are still being talked about in the press and in social media. Amidst the massive, almost embarrassing amount of riches being lavishly tossed about, fans have to wonder: how much is my beloved club worth? INdeed, are they one of the worlds Richest Football Clubs?
To answer this question, we must first learn about the financial might of the Premier League. It’s been no secret that the Premier League has acquired a new TV rights deal back in 2015. The deal involved increasing Premier League TV coverage across the globe. In return, this commercial expansion has earned England’s top-flight a ridiculously huge sum of money.
Indeed, the deal has been confirmed to be worth £5.1-billion spanning over three seasons. To put that gargantuan number into perspective, the deal means all Premier League clubs are guaranteed to earn no less than £1.71-billion each season until the summer of 2019.
Take Manchester United, for example. During the 2015-16 season, when the new TV rights deal was yet to kick in, the Red Devils were awarded £96-million in TV revenue. They finished fifth that season. The year later, they finished sixth in the table. And yet, they were awarded a staggering £142-million. And so, just by performing in the Premier League, you are guaranteed to earn no less than £90-million in revenue – which makes promotion to the summit of English football that much yearned for by clubs in the lower divisions.
Furthermore, this makes it easier to see where the likes of Everton or Southampton get their money from. They are now able to pull off huge-money deals that further inflate player values, like the Toffees’ acquisition of Sunderland’s goalkeeper Jonathan Pickford back in the summer.
The TV revenue does play a huge portion of a club’s earnings per season. Champions League and Europa League prize and TV revenue money should also be added in for clubs playing in Europe. Couple this with players sold to other clubs, shirt sales, ticket sales and the and being a club owner sounds like a dream come true – as money seems to be just pouring in from everywhere.
And for the Premier League’s top five wealthiest clubs, that dream is already a reality. Club value, termed “brand value”, derived from numbers provided by Statista.com.
5. Liverpool (Brand Value: £669.4 million)
Merseyside giants Liverpool have not been as successful as they would’ve preferred in the past few years. Indeed, their golden years during the early 60s to 80s, winning trophies left and right not only domestically but also in Europe, seem to be gone now. And yet, their recent resurgence into the title picture appear to have brought them some financial gains as well.
Indeed, from a net worth of just £425-million back in 2015, the Reds are now worth a staggering £669-million. Their return to the Champions League, as well as their sales of Christian Benteke, Raheem Sterling, and Luis Suarez over a span of three seasons certainly helped in putting more money into their coffers.
4. Arsenal (Brand Value: £693.7 million)
Say all you want against them, but Arsenal are certainly experts when it comes to earning cash. Sure, their days as the noteworthy Invincibles may have long been over, they are still a might to be reckoned with in terms of their business acumen and revenue. Some of their strategies, however, have earned them some flak over the years, particularly over their highly-inflated ticket price, which have caused outrage among fans.
Much of the backlash has been directed to Arsenal manager Arsene Wenger, who has earned for himself a reputation of being too conservative when it comes to spending money in the transfer market. Indeed, their record signing transfer, Alexander Lacazette, is only worth £45-million. Furthermore, the Gunners’ top-five transfers – spent over a span from 2013 to 2017 – are only worth £184-million. In comparison, title rivals Manchester City spent no less than £200-million just last summer.
Now with the Gunners out of the Champions League, it remains to be seen whether the club can keep themselves firmly in the black.
3. Manchester City (Brand Value: £752.7 million)
Never afraid to splash the cash when signing new players, Manchester City’s rise to the top of the money league has been attributed to their current owner, Sheikh Mansour. The Dubai tycoon has helped City transform thanks to his wealth and now the Citizens have become more than just Manchester United’s “noisy neighbours”.
Their transfer policy isn’t merely for flamboyance or financial arrogance, they have the coffers to do it. With annual earnings averaging no less than £410-million, it’s no wonder they can attract world-class stars from all over the globe. Of course, having a charismatic manager like Pep Guardiola in your staff doesn’t hurt as well.
2. Chelsea (Brand Value: £920.05 million)
When one thinks of Chelsea and their resources, only one person comes to mind: club owner Roman Abramovich. The Russian magnate has been instrumental in Chelsea’s emergence in the late 90s to early 2000s, allowing the London giants to attract new players that helped them reach success on the pitch, eventually winning their first Premier League title during the 2004-05 campaign, under the tutelage of then manager Jose Mourinho.
Since then, the Blues have become a household name when it comes to football, allowing them to secure huge sponsorship and merchandise deals that few other clubs in the country could pull off. They’ve been backed by huge names across different fields: Samsung, Hublot, Rexona, and EA Sports, among others. Just last year, Chelsea bagged a new deal with Yokohama, earning the club £40-million per year. This is the second largest shirt sponsorship in England.
1. Manchester United (Brand Value: £1.277 billion)
When it comes to the richest club in world football, they don’t get bigger than Manchester United. Currently on top of nearly all the net worth rankings in the sport today, including the Deloitte Money League and the Forbes top list, the Red Devils have been phenomenal in terms of their finances. It appears that gone were the early days of the Glazer takeover, when the club were thrown into severe debt. Now they are in the black thanks to their magnificent business structure.
While they haven’t been as successful on the pitch as they would’ve liked, they have been outstanding in the boardroom – and the club have Chief Executive Ed Woodward to thank. Now the clubs has sponsors everywhere, from watches to tractors. You name it, and United have a sponsor for it. And with the arrival of Jose Mourinho and their early resurgence in the league this season, it appears that there’s nowhere to go for United but up.