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KPMG: Real Madrid is Europe’s Most Valuable Football Club, Juventus out of top 10

Annual study by KPMG (one of ‘big four’ accounting organizations), called “Football Club’s Valuation: The European Elite 2020” analysed the business value of 32 major European clubs, with Real Madrid emerging the list as the most valuable football club in Europe.

Manchester United at 2nd while Barcelona completed the top 3 European most valuable clubs.

Biggest surprise was Serie A giants Juventus pushed down from their 10th spot last year to now 11th, after Arsenal overtook them. The most valuable European clubs by KPMG are as follows: 

1. Real Madrid €3.478bn

2. Manchester United €3.342bn

3. FC Barcelona €3.193bn

4. Bayern Munich €2.878bn

5. Liverpool €2.658bn

6. Manchester City €2.606bn

7. Chelsea €2.218bn

8. Tottenham Hotspur €2.067bn

9. Paris Saint-Germain €1.911bn

10. Arsenal €1.852bn

11. Juventus €1.735bn

12. Dortmund  €1.281bn

13. Atletico Madrid  €1.197bn

14. Inter €983m

15. Schalke 04  €814m

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