Tottenham have been named the most valuable club in the
Premier League, according to a new study.
While it hasn't been a good year on the pitch for the
Lilywhites as they have failed to build on last season's run to the Champions
League final, they are certainly doing something right off it. Champions League
fans around the world can buy online Champions League Final Tickets to enjoy its stunning performances.
Valued at £1.837billion in 2018 as they sat in third and
trailed Man City and Manchester United in the standings, new analysis from
University of Liverpool Management School football finance expert Kieran
Maguire has seen them jump up two places to take top spot.
The Lilywhites are now worth £2.567bn and have blown the
likes of the Manchester giants and Liverpool away despite once again not
winning any silverware.
What has helped Spurs take top spot is their combination of
low wages, on-field competitiveness and their highly commercial brand new
stadium that opened its doors for the very first time in April 2019.
Despite Liverpool's success on the pitch over the past 18
months, which included their 2-0 victory over Spurs in last year's Champions
League final, the Reds come in fourth and are valued at £1bn less than the
north London club.
Manchester United drop a place to third and are valued at
£2.1bn, with Man City in second with a value of £2.2bn.
Speaking about Spurs' rise to the top to become the most
valuable Premier League club, Maguire said: “Spurs are top of the valuation
table because in 2018/19 they delivered a Champions League final and a top four
Premier League finish on a wage budget that was £100-150 million lower than the
rest of the 'Big Six'.
"As such they made more profits, and this was reflected
in the final valuation number.
"These factors led to a 21% increase in income, to £461m
for Spurs in 2018/19, against an unbelievably light 39% player wage cost – the
lowest ratio in the Premier League.
"By comparison, top four rivals Leicester City see 84%
of their income eaten up by player wages.
"Tottenham also only spent a net £22m on players – only
Watford spent less (£21m) – where Chelsea spent net £290m, Liverpool £223m, Man
Utd £135m and Man City £87m."
Football is currently on pause at present due to the
coronavirus pandemic and that means the values of all clubs are likely to take
a hit over the next 12 months.
Champions League fans from all over the world can get Champions League Tickets through our trusted online ticketing
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