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Football finance expert Kieran Maguire: Tottenham worth £1billion more than Liverpool

Tottenham squad

Image source: Getty Images

Tottenham have been named as the most valuable team in the Premier League, according to the new analysis by University of Liverpool Management School football finance expert Kieran Maguire.

The Spurs are now worth £2.567bn after their most recent accounts posted a pre-tax profit of £87.4m and revenues of £460.7m. Liverpool, on the other hand, are worth almost half with a total of £1.553bn.

“Liverpool’s value increased in 2018/19, and the figures do not reflect the club winning the Champions League, which took place on June 2 2019 but their accounts go up to May 31,” said Maguire.

“Had it not been for Covid-19 a further sizeable increase in the value would have been anticipated for 2019/20 on the back of the Champions League bonuses, World Club Championship success and almost certainly being Premier League champions too.”

“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 £100m-150m lower than the rest of the ‘big six’,” said Maguire.

“As such they made more profits, and this was reflected in the final valuation number. Spurs have a degree of control over wages and player transactions that sets them far apart from their peer group.”

Liverpool are also behind Manchester United (£2.08bn) and Manchester City (£2.186bn).

Source: Daily Star

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