Manchester United, Liverpool, Manchester City Top Sportico 2023 Franchise Value List

Timothy Rapp@@TRappaRTFeatured Columnist IVJanuary 24, 2023

LONDON, ENGLAND - JANUARY 22: Lisandro Martinez celebrates with Bruno Fernandes and Christian Eriksen of Manchester United after scoring the team's second goal during the Premier League match between Arsenal FC and Manchester United at Emirates Stadium on January 22, 2023 in London, England. (Photo by Catherine Ivill/Getty Images)
Catherine Ivill/Getty Images

Manchester United sits atop the Premier League.

Well, at least in terms of overall value. On Tuesday, Sportico released its full list of Premier League valuations, with the Red Devils coming in at No. 1 (figures in USD):

  1. Manchester United: $5.95 billion
  2. Liverpool: $4.71 billion
  3. Manchester City: $4.43 billion
  4. Arsenal: $3.6 billion
  5. Chelsea: $3.47 billion
  6. Tottenham: $3.19 billion
  7. West Ham: $665 million
  8. Everton: $600 million
  9. Leicester City: $545 million
  10. Newcastle United: $440 million
  11. Leeds United: $380 million
  12. Aston Villa: $370 million
  13. Crystal Palce: $335 million
  14. Wolverhampton Wanderers: $295 million
  15. Southampton: $275 million
  16. Fulham: $260 million
  17. Brighton & Hove Albion: $235 million
  18. Brentford: $200 million
  19. Nottingham Forest: $160 million
  20. Bournemouth: $145 million

Per Sportico, "The valuation estimates are built around multiples of revenue based on recent comparable transactions. They are meant to be enterprise values—equity, plus net debt—for a control sale, as limited partnership transactions can often be done at a premium or discount based on the circumstances."

Manchester United has long been one of the most prominent sports franchises in the world, so it isn't a major surprise that it tops the list. What United hasn't done is topped the Premier League table since the 2012–13 season.

No Premier League club has won more than United's 20 league titles, with Liverpool a close second at 19. Like United and Arsenal, the Reds are a legacy brand and have consistently been one of England's most decorated clubs.

Manchester City burst upon the scene after receiving an influx of cash from owner Sheikh Mansour bin Zayed Al Nahyan, who bought the club alongside the Abu Dhabi United Group in 2008. They've won six EPL titles since and have emerged as one of the biggest and best clubs in European domestic football.

Chelsea has seen much upheaval since the change in ownership from Russian oligarch and billionaire Roman Abramovich to a new ownership group led by American Todd Boehly, though the Blues remain one of the most prominent and recognizable clubs in the world.

Meanwhile, Tottenham have attempted to keep pace after Manchester City and Chelsea rose in prominence in the 21st century. After Spurs, the drop-off in valuations is steep, with West Ham and all subsequent clubs falling below the $1 billion mark.

Some clubs may continue to climb the ranks, however. Newcastle has seen a 63 percent bump in value across the past two years, largely down to the acquisition of the club from an ownership group led by Saudi Arabia's Public Investment Fund.

"With an EPL club, you own a team in the best and most watched football league in the world's favorite sport," Inner Circle Sports co-founder Steve Horowitz told Sportico. "It is the attraction for American investors and those from every corner of the globe."