Surprisingly, Tottenham Hotspur have been named as the most valuable team in premier league, due to their monetary value.
Tottenham Hotspur beat the likes of Manchester United, Liverpool, Manchester City and Chelsea, according to a study by the University of Liverpool Management School.
According to University of Liverpool Management School football finance expert Kieran Maguire, Tottenham now have an overall club value of £2.567billion due to their 'highly regimented and generally low wage system, along with a highly commercial stadium with continuous earning potential. ''
Man City, who was ranked second value £2.2bn while Manchester United previously second, have now dropped to third with £2.1bn.
Liverpool have risen to fourth with a total of £1.627bn in the most recent study.
Meanwhile, he explains that, "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," he said.
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