Newcastle United has been ranked as one of the richest football clubs in the world in the inaugural Soccerex Football Finance 100 rankings.
This particular ranking is based on four things:
1) Potential owner investment in the club
2) Player value
3) Value of fixed assets
4) Amount of cash the club has available
5) Total net debt
In this report, they estimated Mike Ashley’s potential investment could reach £91M.
Our playing squad is said to be worth around £134M, and we have £88M of fixed assets.
Newcastle also had a net debt figure of £120M, which looks like the amount the club owes to owner Mike Ashley.
In the past, we have been in the top 15 in the world on these kinds of measurements, but with being in the Championship last season this will not have helped our current ranking.
David Wright is the Soccerex Marketing Director and he had this to say:
“We’re delighted to reveal the results of our first Soccerex Football Finance 100 study which highlight how the global football landscape has shifted over the past two decades.”
“We wanted to create a study that provided a broader evaluation of football finances, one that reflected the modern reality of football, impacted by increased owner investment and the need for better financial management.”
“By looking at factors like asset value, debt levels and crucially the amount the owner or ownership group could invest in the context of their direct environment, the report evaluates both the financial standing of each club and the economic potential they have in the market.”
“The results have certainly been eye-catching.”
Manchester City was top of the list – with a player value of £637M, fixed assets of £534M and potential owner investment of £788M.
They followed in order by Arsenal, PSG, Guangzhou Evergrande (Chinese club), Tottenham, Real Madrid and Manchester United.
It seems strange that Guangzhou Evergrande are fourth in that list.
Here are the places in the Soccerex Football Finance 100 list down to Newcastle at number 36.
1. Manchester City
4. Guangzhou Evergrande
6. Real Madrid
7. Manchester United
10. Bayern Munich
11. Zenit St Petersburg
12. RB Leipzig
14. LA Galaxy
15. Atletico Madrid
17. Borussia Dortmund
21. Bayer Leverkusen
22. Shakhtar Donetsk
23. New York Red Bulls
24. Seattle Sounders
25. New York City
28. New England Revolution
30. Inter Milan
31. Hebei China Fortune
34. AC Milan
35. West Ham
36. Newcastle United
Other ways clubs are compared in other football club rankings include by total revenue and even by the estimated worth of their brand.
This list is a little strange because potential owner investment (notice it’s only potential – not actual) can skew the results big time and clubs in Spain, Italy and Germany don’t have owners who invest heavily in their clubs.
But maybe this is the new way of football?
We didn’t say it was good.