COVID-19 costs Europe's top 32 football clubs $7.4B

By Muhammed Enes Calli

ANKARA (AA) - The coronavirus pandemic has cost Europe’s leading 32 clubs $7.4 billion, according to KPMG Football Benchmark team's annual report on Thursday.

The aggregate Enterprise Value (EV) of the 32 leading clubs in Europe reached €33.54 billion, down 15% from the last season’s figure of €40.98 billion.

Real Madrid became the most valuable European football club for the third successive year, followed by Barcelona and Manchester United.

Atalanta, Olympique de Marseille and Fenerbahce joined this year’s report as West Ham United, Athletic Bilbao and Besiktas have been pulled out of the list.​​​​​​​