Many Tottenham Hotspur fans have been discussing an update involving KPMG that recently emerged on social media.
Every year, KPMG publishes a report that ranks the 32 most valuable clubs in the world on the basis of their Enterprise Value. The 2020 report has shown that Real Madrid are the richest club in the world right now and have a net worth of £2.95bn (as per the Daily Mirror).
Are you delighted by this news?
Yes
No
While Manchester United are the world’s second-richest club (and richest in England), Tottenham have now leapfrogged Arsenal in the table. Spurs are now valued at £1.75bn and have undergone an increase of 15.8%.
Arsenal’s value has dropped by 13.2% and they are the sixth-most valuable club in the country, behind Spurs in fifth.
A tweet about this news was relayed on Twitter by The Spurs Express. Many Tottenham fans have been buzzing at this update.
What did Spurs fans make of this news?
“You’ll never sing that.”
Credit: @maxgunterr
“Don Levy masterclass. He’s done it again.”
Credit: @mustinjyerz
“Levy is a very smart Chairman.“
Credit: @NBrewerton
“Levy masterclass.”
Credit: @COYSonny7
The rest of the top ten are made of Premier League clubs only. United, Manchester City, Liverpool and Chelsea are the only clubs above Spurs, when it comes to valuation of Premier League clubs. The valuation report for 2021 comes out in May later this year.
Some other Spurs fans were also buzzing at this update about their club.
“ENIC masterclass.”
Credit: @justinleong13
“Hopefully we climb higher once fans are allowed back and we start to fill the stadium”
Credit: @DeanSnook3
A lot of these Spurs fans are delighted about this news and are praising Daniel Levy for this achievement.
While that is certainly good news, Spurs haven’t won a trophy since the 2007/08 season and to elevate their status further in the global game, they would need to win more silverware on a regular basis.
They are currently in the League Cup final and are still in the Europa League. They are also still only fifth in the league table and only seven points behind Man Utd (as per Transfermarkt).
So winning a trophy this season would be a cherry on the cake for Jose Mourinho’s men and it would help them go further up in the global rankings.