Latest news with #FootballBenchmark
Yahoo
10 hours ago
- Business
- Yahoo
PSG Club Value & Squad Cost More Than Double That Of Champions League Opponents Inter Milan
PSG Club Value & Squad Cost More Than Double That Of Champions League Opponents Inter Milan The squad cost of PSG is more than double that of their Champions League final opponents Inter Milan. This is highlighted in today's print edition of Turin-based newspaper Tuttosport, via FCInterNews. Paris Saint-Germain are in the Champions League final. This is the second final in their history. Advertisement And winning Europe's biggest prize has always been the biggest objective for PSG since their Qatari takeover in 2011. Qatari Emir Tamim Al Thani bought PSG in 2011 for €100 million. The Qatari ownership has invested €1.3 billion in the club since then, the Gazzetta note. PSG's commercial profile has grown enormously under its present ownership. From the arrival of big name players to the high profile partnership with Nike Jordan, the value of the French club has risen to €3.8 billion according to Football Benchmark. Meanwhile, Football Benchmark value PSG's Champions League final opponents Inter at €1.7 billion under Oaktree Capital. PSG Squad Cost More Than Double That Of UCL Final Opponents Inter Milan MILAN, ITALY – MAY 22: (L-R) CEO Corporate FC Internazionale Alessandro Antonello, Oaktree's Global Opportunities strategy Managing Director Katherine Ralph, Managing Director and Co-Head of Europe for Oaktree's Global Opportunities strategy Alejandro Cano, CEO Sport FC Internazionale Giuseppe Marotta attend a meeting between FC Internazionale new owners Oaktree and Club's Management on May 22, 2024 in Milan, Italy. (Photo by Guido) Then, there is the big disparity in the squad costs of PSG and Inter Milan respectively. Advertisement PSG's squad cost between rages and transfer fee amortization comes to €790 million for the 2023-24 season, notes the Gazzetta. Meanwhile, for Inter, that figure stands at €309 million. On wages alone, PSG spent a total of €659 million last season. Meanwhile, for Inter that figure was €257 million.
Straits Times
3 days ago
- Business
- Straits Times
Real Madrid's €6.3 billion valuation pulls away from rivals
LONDON – Real Madrid, whose revenues have been supercharged by the revamp of their Santiago Bernabeu stadium, have seen their valuation pull away from their major rivals. The Spanish club were worth €6.3 billion (S$9.2 billion) as of January, a 23 per cent year-on-year increase, Football Benchmark said in its latest annual report. The valuation is comparable with the biggest names in US sport. Last week, NFL owners approved the sale of a 6.2 per cent stake in the San Francisco 49ers to three investor groups at an US$8.5 billion (S$11 billion) valuation, the highest ever for a sports team. The Boston Celtics are currently being sold for a valuation of US$6.1 billion. Real recently undertook a €1.76 billion renovation of their iconic stadium, and have acquired players including French star Kylian Mbappe and English talent Jude Bellingham. Chairman Florentino Perez believes the 15-time European champions are worth more than €10 billion. Real are currently a non-profit club formed by hundreds of fee-paying fans – a system that blocks private investors from owning stakes in it as the fans do not own shares. Manchester United, once the most valuable football club in the world, have seen the gap with their Spanish rivals widen. The English club's valuation grew more modestly by 4 per cent to €5.05 billion. The slowing growth was partly explained by a 15 per cent increase in staff costs, which outpaced revenue growth and resulted in a net loss of €132 million, the second-worst performance among the top 32 clubs in Europe after Italy's Juventus (€199 million). Part-owner Jim Ratcliffe, who took over the running of the club in early 2024, has since set about slashing costs and cutting staff, in a bid to manage costs at the club. The club's valuation is expected to fall further as they prepare for the first season in a decade without European football. Last week's 1-0 defeat in the Europa Cup final against Tottenham Hotspur was a bitter blow after a disastrous season in which the team finished 15th in the Premier League. Over the past decade under the Glazer family ownership, United's valuation has grown 74 per cent, the second-lowest of Europe's top 10 teams, according to Football Benchmark. In comparison, Qatari-backed Paris Saint-Germain, who are competing in this weekend's Champions League final, have boosted their valuation by 346 per cent to €3.76 billion. Inter Milan, the other finalist in the Champions League, have seen their valuation grow by 330 per cent in the past decade. Chelsea, under the ownership of Todd Boehly and Clearlake Capital, dropped one spot to 10th in terms of current valuations, whereas Arsenal moved to seventh. There are 17 teams in Europe with an enterprise valuation exceeding €1 billion, up from just eight in 2016. BLOOMBERG Join ST's Telegram channel and get the latest breaking news delivered to you.
Bloomberg
3 days ago
- Business
- Bloomberg
Real Madrid's $7.1 Billion Valuation Stretches Away From Rivals
Real Madrid, whose revenues have been supercharged by the revamp of its Santiago Bernabéu stadium, has seen its valuation pull away from its major rivals. The Spanish club was worth €6.3 billion ($7.1 billion) as of January, a 23% year-on-year increase, Football Benchmark said in its latest annual report.
