The latest study from KPMG ranks Arsenal as the sixth most valuable club in world football.

  • Arsenal valued at €1.8bn
  • Ranked 6th behind Manchester City (5th) and Manchester United (1st)
  • Alisher Usmanov attempted to buy club for £1.54bn last month

KPMG ranked the world’s most valuable teams based on their social media popularity, revenues from the 2014/15 and 2015/16 seasons, and success in European competitions.

The enterprise value is assigned to each side and is based on how much it would cost to purchase the club outright.

Arsenal have been priced at around €1.8bn (£1.57bn), which places them an impressive sixth on the list behind Manchester United, Real Madrid, Barcelona, Bayern Munich and Manchester City, and ahead of Chelsea, Juventus and Liverpool.

Last month, it was revealed that Alisher Usmanov had made a £1.54bn bid to takeover the club. Despite the bid being close to Arsenal’s value, Stan Kroenke rejected it and reaffirmed his long-term commitment to the club.

The top-10 list is dominated by clubs from the Premier League as the new domestic and overseas broadcast deals has led to revenues shooting up. This trend is expected to continue as long as the lucrative TV deal remains in place.

Manchester United, Real Madrid and Barcelona have been the traditional “big three” of these lists. United have finally beaten out the two Spanish giants by becoming the first club to reach an enterprise value of €3bn (£2.7bn) – all the more impressive considering their lack of domestic success in the last two years.

The study shows it would take significant investment to buy Arsenal from Stan Kroenke.