Football finance guru Kieran Maguire has come up with estimates of Premier League values for 2020. There is an analysis of each club accompanied by detailed graphs: Premier League club values
The overall conclusion is that 'The Big Six clubs continue to be very valuable and their dominance of revenue streams is likely to ensure that the gap between themselves and the remaining clubs in the Premier League is maintained.'
'Cost control is proving to be very difficult for all clubs in the division, especially in terms of wages and this may restrict future growth in the value of clubs especially with broadcast revenue growth slowing. Wages as a proportion of revenue grew in 2018/19 as the Premier League entered the final year of the three season deal with Sky and BT. Broadcast revenues were set to rise slightly in 2019/20 but it is unlikely to match wage growth.'
In addition clubs face a likely revenue hit from the effects of the pandemic with chances of a resumption of the rest of the season in June through 'Project Restart' looking increasingly at risk. Some clubs do not like the idea of sacrificing home advantage by playing at neutral values such as Wembley, St. George's Park and possibly Twickenham.
One surprise in terms of club rankings is that Tottenham Hotspur overtook both Manchester clubs at the top of the table on the back of reaching the Champions League final, a fourth place finish in the Premier League and a wage bill barely half that of Manchester United. Wolves, acquired for £45 million by owners Fosun in 2016/17 is now worth more than ten times that amount. Liverpool is in fourth place behind the two Manchester clubs.
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