Jose Mourinho reacts with Manchester United goalkeeper David de Gea after losing the English FA Cup final to Chelsea.
Jose Mourinho reacts with Manchester United goalkeeper David de Gea after losing the English FA Cup final to Chelsea.

English powerhouse still the richest team in the land

MANCHESTER United may have finished second in the English Premier League this season but the club is top of the table in terms of overall value, according to a report by accounting firm KPMG on Wednesday.

The Red Devils' overall value increased five percent compared to 2017 to more than $3.77 billion, (£2.8 billion, $A3.77 billion), beating Real Madrid on $2.9billion euros and FC Barcelona on $2.8billion euros.

 

"We calculate the assets of each club, if they own a stadium for example, the value of the players, but also the value of the brand or image with advertising contracts and their reach on social networks," said Jacques Boussuge, head of sports advisory at KPMG.

Of the 32 European clubs assessed, Bayern Munich came fourth with 2.55 billion euros, Juventus were ninth on 1.3 billion euros, with Paris Saint-Germain in 11th place, with an estimated value of 1.14 billion euros.

Manchester United manager Jose Mourinho shakes hands with Manchester United and England legend Bobby Charlton after losing the FA Cup final .
Manchester United manager Jose Mourinho shakes hands with Manchester United and England legend Bobby Charlton after losing the FA Cup final .

"PSG is progressing, but it takes time and is limited by financial fair play regulations," Boussuge said.

In total, the financial value of the 32 clubs reached an estimated 32.5 billion euros, a nine per cent increase on 2017.


'Enraged' man fronts court after alleged triple taser

premium_icon 'Enraged' man fronts court after alleged triple taser

Police claim he needed three tasers to be brought under control.

CRUSH UPDATE: 90% of cane processed at Plane Creek

premium_icon CRUSH UPDATE: 90% of cane processed at Plane Creek

Season weekly report for Wilmar’s Plane Creek and Proserpine mills

'Totally overwhelming': Tourism operators snag gold gongs

premium_icon 'Totally overwhelming': Tourism operators snag gold gongs

Hear from the Whitsundays businesses that cleaned up at state awards