Premier League
TOTTENHAM BEAT MAN UTD, LIVERPOOL AS PREMIER LEAGUE’S MOST VALUABLE CLUB
According to a Daily Mail report, Tottenham have been named the most valuable football club in the Premier League, according to an in-depth university study.
Despite seemingly losing their way this season following the dizzying heights of last year’s Champions League final, Tottenham have somehow managed to blow away the likes of Manchester City and a resurgent Liverpool with their business model.
Top flight teams have been assessed from a multitude of angles and, despite Spurs being still yet to place silverware into a spacious trophy cabinet, the north London club are out-performing their UK rivals when it comes to monetary value.
In a new body of work compiled by University of Liverpool Management School football finance expert Kieran Maguire, Tottenham have been shown to have gained several yards on competitors with thanks to their highly regimented and generally low wage system, along with a ‘highly commercial’ stadium with continuous earning potential.
The new figures show the rise and falls of the top flight sides, when placed against a comparison model originally conducted in 2018.
Spurs, who now place first with an overall club value of £2.567billion, leap up from their third placed standing in 2018 – then deemed to be worth £1.837bn.
Pep Guardiola’s super rich City, who topped the 2018 table with a value of £2.364bn, drop into second after seeing a decrease in value to the figure of £2.2bn. This comes despite City’s historic quadruple win during the 2018-19 campaign.
Liverpool have risen in overall value thanks to their meteoric success and plentiful broadcast revenue, building upon their 2018 valuation of £1.356bn (which saw them placed sixth) to a total of £1.627bn in the most recent study (fourth).
Manchester United drop from being the second most valuable team in 2018 (at £1.935bn) despite registering financial growth, now at £2.080bn, to sit behind Spurs and City in third.
Maguire explains: ‘Spurs are top of the valuation table because in 2018-19 they delivered a Champions League final and a top four Premier League finish on a wage budget that was £100-150m lower than the rest of the “Big Six”.
‘As such they made more profits, and this was reflected in the final valuation number.
‘These factors led to a 21 per cent increase in income, to £461m for Spurs in 2018-19, against an unbelievably light 39 per cent player wage cost – the lowest ratio in the Premier League.
‘By comparison, top four rivals Leicester City see 84 per cent of their income eaten up by player wages. Tottenham also only spent a net £22m on players – only Watford spent less (£21m) – where Chelsea spent net £290m, Liverpool £223m, Man Utd £135m and Man City £87m.’
Overall, the assessment does not paint a picture of financial security for Premier League clubs, with a collective loss of £384m sustained across the 2018-19 season.
More than half of the division’s clubs (eleven) rely on broadcast income for at least 75 per cent of their revenue. Reaching the top table for promoted clubs is also no longer necessarily a path to profitability.
For example, Bournemouth’s income has increased by £126m since their League One days back in 2012-13 – but player costs have increased by £134m at the same time. Crystal Palace’s profits have also fallen every year since promotion, to reach negative £38.9m in 2018-19.
Money in football is a hot topic right now, with many teams across the country facing the real prospect of going under as the coronavirus pandemic blights the game.
Club values will take a considerable hit during this period, while there are fewer potential buyers in the market and greater uncertainty in terms of clubs’ ability to generate income.
Maguire feels football will continue to feel the fall, which will undoubtedly impact financial studies for years to come.
Smaller sides, naturally, are set to be hit hardest.
‘We have seen the share prices of clubs with shares quoted on the stock exchanges, such as Manchester United and Juventus, fall by 20-30 per cent since the start of the year,’ Maguire adds.
‘This is likely to be greater for smaller clubs who don’t have the marketing and reputational might of the well-known brands.’
Premier League
Arsenal Paint London Red with Premier League Victory Parade Despite Champions League Heartbreak
Thousands of jubilant Arsenal supporters flooded the streets of north London on Sunday as the club celebrated its first Premier League title in 22 years, putting aside the disappointment of losing the UEFA Champions League final just 24 hours earlier.
The celebrations came less than a day after Arsenal suffered a penalty shootout defeat to Paris Saint-Germain in the Champions League final in Budapest. Yet the setback did little to dampen the spirits of the club’s faithful, who turned out in huge numbers to honour a historic domestic triumph.
Players and coaching staff paraded through north London aboard an open-top bus, proudly displaying the Premier League trophy that Arsenal had finally reclaimed for the first time since Arsène Wenger’s legendary “Invincibles” side lifted it in the 2003-04 season.
Arsenal had wrapped up the title before the final round of fixtures after establishing an unassailable lead over defending champions Manchester City, who eventually finished seven points adrift of Mikel Arteta’s side.
The league crown marked Arsenal’s first major trophy since Arteta guided the club to FA Cup success in 2020 during his debut season as manager. It also ended years of frustration after the Gunners had finished runners-up in the Premier League in each of the previous three seasons.
Red flares, fireworks and the sound of vuvuzelas filled the air as supporters celebrated a long-awaited return to the summit of English football.
“We’re not European champions, but we are champions of England, and that’s what matters right now,” said Arsenal supporter Julien Guillenenat. “We’re happy to celebrate with everyone.”
Another fan, 44-year-old Mathieu Garnier, believes the Premier League triumph has finally removed the psychological burden that had weighed heavily on the team.
“Three years in a row we finished second, and now that pressure is gone,” he said. “These players are going to be flying next season. I really believe that.”
Adding to the festivities was Arsenal’s women’s team, who joined the celebrations after their successful FIFA Champions Cup campaign this season.
Midfielder Declan Rice, signed from West Ham United in 2023 for a club-record £105 million, said the title triumph had silenced many of the club’s critics.
“People were pointing and laughing at us before,” Rice told Sky Sports. “What happened? They’re not laughing anymore. I love this team, I love this manager, and to see the joy we’ve brought to the fans is incredible.
“Next season we’re coming back for more.”
Despite the pain of falling short in Europe, many Arsenal supporters remain optimistic that the club will soon challenge again for continental glory.
Twenty-two-year-old fan Theo Grant believes the Champions League disappointment will only strengthen the squad’s resolve.
“Honestly, this loss will give the players even more motivation,” he said. “We’ll be back. I believe we’ll reach the final again next season.”
For Arsenal supporters, however, Sunday was not about what might have been in Europe. It was about celebrating the end of a 22-year wait to be crowned champions of England once again.
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Tottenham Hotspur lost 2-1 at Chelsea on Tuesday and still face the risk of relegation from the Premier League in their final game of the season this weekend after goals either side of halftime from the home side’s Enzo Fernandez and Andrey Santos.
Fernandez let rip with a dipping shot from over 25 metres that Antonin Kinsky could not get close to in the 18th minute, electrifying the atmosphere at Stamford Bridge as the home fans revelled in the misery of their North London rivals.
The Argentina midfielder turned provider for Chelsea’s second goal in the 67th, cushioning a high ball into the feet of Santos, who scored from close range.
Richarlison got one back for Spurs in the 74th minute, but the defeat means Tottenham remain two points above West Ham United, who currently occupy the last relegation spot.
However, Spurs have a much better goal difference, meaning a draw at home to Everton on Sunday would all but guarantee their Premier League survival.
Chelsea, fresh from announcing former Real Madrid coach Xabi Alonso as their next manager after a limp 2025/26 campaign, climbed to eighth place, which offers a berth in the UEFA Conference League next season
The Blues, who lost to Manchester City in the FA Cup final on Saturday, are one point behind Brighton & Hove Albion, who currently occupy the last of the Europa League spots.
Spurs had only themselves to blame for Tuesday’s defeat.
After Mathys Tel hit the post with a header in the 11th minute, they allowed Chelsea to dominate until Richarlison’s goal raised their hopes of rescuing the point they needed.
Substitute James Maddison looked sure to equalise in the 84th, but Chelsea defender Jorrel Hato stretched out a leg to block his angled shot.
The win was Chelsea’s first in the Premier League since March 4, giving their fans something to celebrate after a miserable run that included six consecutive league defeats.
It also means Spurs have only won once at Stamford Bridge since 1990.
-Reuters
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Arsenal F.C. have been crowned Premier League champions for the first time in 22 years after Manchester City F.C. were held to a 1-1 draw by AFC Bournemouth, ending the most dramatic title race of recent seasons and completing a remarkable transformation under manager Mikel Arteta.
The title triumph marks Arsenal’s first league championship since the legendary “Invincibles” side led by Arsène Wenger went unbeaten throughout the 2003-04 campaign.
For Arteta, it represents the crowning moment of a rebuilding project that began when he replaced Unai Emery in December 2019. The Spaniard inherited a struggling Arsenal side but gradually rebuilt the club into genuine title contenders, guiding them to second-place finishes in each of the previous three seasons before finally ending Manchester City’s dominance.
Arsenal appeared in danger of suffering another late collapse after surrendering a nine-point lead earlier in the campaign, particularly following City’s crucial victory over them at the Etihad Stadium in April.
However, the momentum shifted again when City stumbled with a draw against Everton, allowing Arsenal to seize control of the race.
The North London club responded impressively, winning four consecutive matches without conceding a goal, including Monday’s tense 1-0 victory over Burnley F.C. that piled pressure on Pep Guardiola’s side heading into their trip to Bournemouth.
City’s failure to secure victory finally confirmed Arsenal as champions, triggering emotional celebrations among supporters gathered around the Emirates Stadium.
Fans watching the decisive match in nearby pubs poured onto the streets at the final whistle, while thousands more marched toward the Emirates within minutes of the title being secured.
Arteta had admitted before the match that he expected it to be difficult watching City’s game because of the enormous stakes involved, but the Spaniard ultimately witnessed the completion of one of the most significant managerial achievements in modern Arsenal history.
The Gunners will officially receive the Premier League trophy after their final game of the season against Crystal Palace F.C. at Selhurst Park on Sunday.
Arsenal’s triumph could yet become part of an even greater achievement.
The club now have the opportunity to complete a historic double when they face Paris Saint-Germain F.C. in the UEFA Champions League final on May 30.
Only five English clubs have previously managed to win both the league title and the European Cup in the same season, with Manchester City the last side to achieve the feat in 2023.
The title success also signals a changing of the guard in English football.
With Guardiola expected to leave Manchester City after a decade in charge, Arteta — once his assistant at City — is poised to become the longest-serving manager across England’s top four divisions, underlining how dramatically his status has risen since arriving at Arsenal less than seven years ago.
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