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The study looked at the finances of 39 clubs based on their popularity on social media channels, revenues for the 2014/15 and 2015/16 seasons, and success in European competitions.
The clubs were then ranked by a measure used judge how much it would cost to buy any given club as it includes a business’s total debt.
In a statement, KPMG’s global head of sports Andrea Sartori said the figures show the growth in the game underpinned by the broadcasting boom and more sustainable management models.
1. Manchester United
2. Real Madrid
4. Bayern Munich
5. Manchester City
12. Borussia Dortmund
13. Atlético Madrid
25. Athletic Bilbao
31. PSV Eindhoven
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