Nice write up ($) from The Diff on Football Clubs or as he calls them “Meme stocks for the 0.01%”
The collective value of the top 20 clubs in the Premier League has risen from £50m in 1992 to £16.11bn in 2021 (Sportico has a neat interactive tool for this). A stand out return.
Part of the reason is the huge audiences they attract. Spotify recently signed up to sponsor FC Barcelona citing their own data that the team has 700m unique viewers per year.
KPMG actually publish a very interesting report on the value of football clubs with detailed analysis – unsurprisingly showing a Covid-related drop in value/revenues.
