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CELTIC CLIMB 4 PLACES IN RICHEST CLUBS LIST DESPITE AWFUL TV DEALS

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CELTIC have jumped 4 places in the world’s top 40 richest football clubs, moving from 38th to 34th, with a value of £79 million.

The club were worth £55m in 2014, are the ONLY  Scottish club to feature in the list of 50 clubs and The 4IAR Scottish champions are ahead of the likes of Dutch giants PSV Eindhoven, Italian side Roma, Wolfsburg in Germany and Portuguese champions Benfica. Just ahead of Celtic in the Rich List are Fenerbahce  from Turkey and German side Stuttgart.

Celtic’s performance of course is hindered by the extremely poor TV deals from both the pay to view broadcasters and indeed the BBC. This is highlighted by clubs like Swansea entering the Rich List in 27th place with a value of £88.5m and Stoke City just ahead of the Welsh side with a value of £91.7m.

Manchester United, based on their hugely successful season OFF the park have jumped into the lead ahead of Bayern Munich and Real Madrid as they become the first ever Billion Pound club with a net value at £1.2 billion! – dwarfing Bayern’s value of £611m and Real Madrid’s £572m.

English Champions Chelsea are in the top ten with a worth of £521m) just behind Manchester City (524m). FA Cup winners are also in the top 10 with a value of £461m).

European clubs make up 48 from 50 in the Rich list with two Brazilian clubs Sao Paulo 38th place with a value of £62m) and Corinthians ( 43rd position being worth £51.9m)  the only non Europeans.

The English Premier League is the world’s richest division following record revenues and profits during the 2013/14 season, with clubs generating close to £3.3bn over the 12 months.

Deloitte’s Sports Business Group spokesman Dan Jones commented: “The impact of the Premier League’s broadcast deal is clear to see. Broadcast income increased by £569m in 2013/14, accounting for 78 percent of the overall growth in revenue in the Premier League.

“Continued growth in both commercial and match-day revenue helped Premier League clubs’ combined revenues reach £3.2bn, a staggering increase of £735m compared with the season before.

“In 2013/14, even the Premier League club receiving the least from domestic league broadcast distributions earned more from this source than all but five other European clubs.

 

 
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