KPMG has named Manchester United as the world's most valuable football club, becoming the first ever club to have an enterprise value of over €3 billion.
Jose Mourinho's Europa League winners have climbed above Real Madrid into top spot after experiencing a seven per cent increase on last year's value, while Barcelona, Bayern Munich and Manchester City also feature in the top five most valuable teams.
The Dutch auditors have devised an algorithm which takes in not only a club's revenue, but is a combination of five three factors: profitability, popularity, sporting potential, broadcasting rights and stadium ownership. The combination of all these factors produces the Enterprise Value (EV).
Following their second place finish in the Premier League, Tottenham now have one of the 10 highest EVs, with English clubs featuring strongly in the top 10
I love Manchester
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