Napoli come in 20th place on Forbes top 20 most valuable football club list. They are behind Italian clubs Juventus, Milan, Roma, and Inter; again putting in perspective how impressive Napoli’s performance in the past few years has been. The list also highlights the growing gap between Europe’s very elite (top 3 all valued over 3 billion dollars) and the rest of the pack. Check out the methodology used and full list below:
Methodology: Forbes’ team values are enterprise values (equity plus net debt) based on April 24, 2017 exchange rates. Revenues and operating income (earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations) figures are for the 2015-16 season, converted into U.S. dollars based on the average exchange rate for that period. Operating income is earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations. Debt includes stadium debt applicable to the team or team owner.
1 – Manchester United 3.69bn US Dollars
2 – Barcelona 3.64bn US Dollars
3 – Real Madrid 3.58bn US Dollars
4 – Bayern Munich 2.71bn US Dollars
5 – Manchester City 2.08bn US Dollars
6 – Arsenal 1.93bn US Dollars
7 – Chelsea 1.85bn US Dollars
8 – Liverpool 1.49bn US Dollars
9 – Juventus 1.26bn US Dollars
10 – Tottenham 1.06bn US Dollars
11 – Paris St Germain 841m US Dollars
12 – Borussia Dortmund 808m US Dollars
13 – AC Milan 802m US Dollars
14 – Atletico Madrid 732m US Dollars
15 – West Ham 634m US Dollars
16 – Schalke 04 629m US Dollars
17 – Roma 569m US Dollars
18 – Inter Milan 537m US Dollars
19 – Leicester City 413m US Dollars
20 – Napoli 379m US Dollars
Napoli have a listed revenue of $158 million dollars and operating income of $41 million dollars.
The club has certainly come a long way since its days in the Serie C but as economic expert Marco Bellinazzo (we’ll cover his comments later today) said, if Napoli want to keep up, they’ll have to get there stadium situation settled as that could lead to a 30% increase in revenue.