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We end this series of articles with the clubs from Ligue 1.

First, we will look at each season between 2016/2017 and 2019/2020 to analyze which clubs achieved better results between these variables. Then, we will examine the 14 clubs that remained on Ligue 1 during these seasons and how they performed compared with how much they paid on average per player.

2016/2017

In the edition of 2016/2017, AS Monaco won the competition also presenting the 2nd highest annual average salary per player.

From a positive perspective, Nantes achieved the 7th position in the competition with only the 2nd lowest average salary amount per player. In the opposite perspective, Bastia was the case with less success finishing in the last place with the 12th highest average annual salary per player.

None of the clubs presented the same position in the salaries ranking as they did in the competition.

2017/2018

In the next season, Paris Saint-Germain was crowned champion with the highest annual average salary per player.

Dijon and Guingamp were the surprises achieving the 11th and 12th positions in the league with only the 17th and 18th highest salary values. On the opposite side, Lille was again the case with less success finishing in the 17th place with the 7th highest amount per player.

PSG, AS Monaco, Girondins Bordeaux and Strasbourg presented the same position in the salaries ranking as they did in the competition.

2018/2019

In the 2018/2019 edition of the Ligue 1 it was not different and PSG won once more the competition presenting the highest annual average salary per player.

From a positive perspective, Nimes achieved the 9th position in the competition with the lowest salary value. In the opposite perspective, AS Monaco was the case with less success finishing in 17th place with the 4th highest average annual salary per player.

PSG, Olympique Lyonnais and Angers presented the same position in the salaries ranking as they did in the Premier League.

2019/2020

With the cancellation of the season due to the pandemic, PSG won the league once again with the highest annual average salary per player of the league.

On the positive side, Stade Reims performed incredibly well finishing in the 5th position in the competition with the 17th highest salary amount per player. In the opposite perspective, Saint Étienne was the case with less success occupying the 17th place with the 6th highest average annual salary per player.

Only PSG presented the same position in the salaries ranking as it did in the Premier League.

2016/2017 to 2019/2020 – Which club profits more from the players’ salaries

Finally, we analyzed the performance and salaries of the 14 clubs that took part in the Ligue 1 between 2016/2017 and 2019/2020.

The giant Paris Saint-Germain is the club with the highest average annual salary per player. Nantes and Angers were the clubs with more success when comparing sporting performance and salaries since, on average, they achieved the 10th and 12th places with only the 13th and 15th highest average amounts per player.

KPMG Football Benchmark released last Thursday its 5th edition of the report on the enterprise value of clubs. Thus, due to the crisis caused by the pandemic of COVID-19, these values ​​will tend to fall due to the necessary market adjustments.

As in previous reports, Real Madrid and Manchester United occupy the first two places in the ranking followed by Barcelona, ​​who came to occupy the third position that belonged to Bayern Munchen, a club that in 27 years has never presented negative financial results.

Another surprise of this edition is the lack of Serie A clubs in the Top-10 since Juventus dropped to 11th place.

Galatasaray was the club that grew the most compared to the previous year (49%) followed by Paris Saint-Germain and Internazionale.

On the other hand, Real Madrid takes 1st place for the third time since 2016 mainly due to the three UEFA Champions League won and a 41% growth in commercial revenues. Manchester United maintained the 2nd position due to the strength of its brand and a significant accumulated EBIT. In 3rd place, Barcelona recorded a 50% growth in operating revenues and 52% in commercial revenues since 2016, thus leading it to rise in one place compared to last year.

Taking into account the group of 32 clubs that are part of this ranking, between 2016 and 2020, its value has always grown (51% accumulated) mainly due to a 44% increase in operating revenues over this period. All revenue streams increased, with broadcasting revenues being the main highlight with an increase of 65% while matchday and commercial revenues grew by 22% and 39%, respectively. Another important fact is the decreasing dependence of 25 of the 32 clubs on matchday revenues.

At the same time, it is important to note that, over the 5 editions of this report, the weight of the Top-10 in the total enterprise value of the 32 clubs has decreased by 4% to 66%.

Regarding individual clubs, in percentage terms, since 2016, Olympique Lyonnais was the club whose value grew the most (193%) followed by Tottenham and Internazionale. In absolute terms, Liverpool was the one that most saw its enterprise value grow (1,385 million euros). On the other hand, AC Milan was the only one to lose value over the years. Concerning financial results (EBIT), Tottenham is the outstanding club with an accumulated value of 439 million Euros.

Celtic FC (Scotland), PSV Eindhoven (Netherlands), Olympique de Marseille and AS Monaco (France), Fenerbahçe SK (Turkey), and Sporting CP (Portugal) were almost at the Top-32 in 2020.

Enterprise Value Ranking (Top-32)

 

Clubs’ Enterprise Value Variation Ranking (2016-2020)

 

Enterprise Value Variation Ranking by Country (2016-2020)

Looking at the clubs that were part of the editions of this report between 2016 and 2020, and aggregating them by the country, it appears that the value of the clubs from Ligue 1 has been the one that has gone up the most (74%). In absolute terms, the 1st place belongs to the Premier League clubs (6,225 million Euros).

 

Finally, between 2016 and 2020, English clubs were the ones that gained the most weight in the total value of the top-32, comprising 39% of it in 2016 and 41% in 2020.

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