Revealed! Top 10 richest clubs in England (2023)

Richest clubs in England (2023)

Revealed! Top 10 richest clubs in England (2023)

Tunde Young 16:38 - 16.05.2023

Premier League clubs are known for their abundant riches. Here are the 10 richest clubs in England in 2023.

It is common knowledge that English football clubs are richer than their counterparts in other parts of the world mostly down to the visibility and the high market value of the Premier League.

But even among the richest, there are levels to their affluence as some English clubs are more valuable than others which leads to the compilation of this updated list.

Here are the top 10 richest clubs in England based on their valuation according to Transfermarkt.

Top 10 richest clubs in England (2023)

10. Aston Villa (Valuation) -  €437 million

Aston Villa comes in at number 10 on the list of richest clubs in England with a €437 million valuation making them one of the richest clubs in the world. The club popularly referred to as ‘Villa’ is based in Aston, Birmingham and was founded in 1874.

Aston Villa are the 10th richest club in England in 2023
Aston Villa are the 10th richest club in England in 2023

Their 42,657-capacity stadium, Villa Park has been their home since 1897 and cost £16,733 to build which is about £25 million in today’s currency adjusted for inflation.

The club made €210.9m in revenue in 2022 according to the Deloitte Football Money League rankings which puts them in 21st place for 2023.

The club is currently owned by NSWE group, an Egyptian company owned by the Egyptian billionaire Nassef Sawiris and American billionaire Wes Edens.

The £33 million signing of Emiliano Buendia from Norwich in June 2021 is the most amount of money they have spent on one player.

The club managed by Unai Emery currently sits seventh on the Premier League table and are in contention to finish in European places which means they could have a new record signing in the summer.

9. Leicester City (Valuation) - €443.1 million

Leicester City are number nine on our richest clubs in England list with a valuation of €443.1 million. They were founded in 1884.

Leicester City won the Premier League in 2016
Leicester City won the Premier League in 2016

The 2016 Premier League champions raked in €252.2 million in revenue last year, a slight decrease on the €255.5 million from the year before.

The club is based in the East Midlands of England where they play their home games at the 32,262-capacity, King Power Stadium which cost £37 million to build and has been open since 2002.

The Foxes are currently owned by King Power, a company founded by late Thai businessman, Vichai Srivaddhanaprabha and now currently headed by his son Aiyawatt Srivaddhanaprabha who functions as the club chairman as well since his father’s unfortunate passing in 2018.

The record transfer fee paid by Leicester City for a player was £32 million rising to 40 million for midfielder Youri Tielemans from AS Monaco in 2019.

However, they are more known for selling players which is how they generate a lot of their revenue from record sales of Harry Maguire to Manchester United for €87 million in 2019, Wesley Fofana to Chelsea for €80 million in 2022, Riyad Mahrez to Manchester City in 2018 for €67 million amongst others.

The club is currently 19th on the log and are facing imminent relegation from the Premier League with just three games left to play.

8. West Ham United (Valuation) - €451.5 million

Having been founded in 1895 as Thames Ironworks, it was in 1900 that the club officially became known as West Ham United.

They are currently situated in Stratford, East London where they play their home games at the London Stadium. They are currently valued at €451.5 million by Transfermarkt making West Ham number eight on our list of the richest clubs in England.

The Hammers raked in €301.2 million in 2022 according to Deloitte Football Money League making them one of the richest clubs in the world.

Club chairman David Sullivan controls the majority stake of the club although Czech billionaire Daniel Kretinsky acquired 27% of the shares of the club in November 2021 making him a minority owner of West Ham.

The London club are known to spend in the transfer window in recent years but the €50 million signing of French striker Sebastien Haller remains the most expensive purchase in the history of the club.

West Ham have had a subpar Premier League season as they are currently 15th on the log but the Hammers are also on course to win their first-ever European title as they are currently in the UEFA Europa Conference League semi-finals.

West Ham are among the richest clubs in England
West Ham are among the richest clubs in England West Ham are among the richest clubs in England

7. Newcastle United (Valuation) - €494.3 million

Newcastle United have recently become affluent thanks to the 2021 purchase for a reported £305 million by a consortium including Saudi Arabia's Public Investment Fund, RB Sports & Media and PCP Capital Partners although the Saudi Arabians are undoubtedly the faces of the operation.

Newcastle directors Amanda Staveley (L) Mehrdad Ghodoussi (C) and Jamie Reuben (R)
Newcastle directors Amanda Staveley (L) Mehrdad Ghodoussi (C) and Jamie Reuben (R)

The new ownership has seen their valuation move up to seventh on the list of richest clubs in England and one can only expect that to increase especially with how well they have been doing so far.

The club is based in Newcastle upon Tyne, Tyne and Wear and play their home games at the iconic St James’ Park Stadium which has a 52,305 capacity and was first opened in 1892.

The Magpies made €212.3 million in revenue last year which was the 20th-highest of any team in the world and the 11th among English clubs.

The £63 million spent to sign Swedish striker Alexander Isak from Real Sociedad last summer is Newcastle’s record-signing so far but that is likely to change soon as Eddie Howe’s team are on course to qualify for the Champions League for the first time since the 2002/03 season.

Aleksandar Isak is Newcastle's record signing
Aleksandar Isak is Newcastle's record signing

6. Tottenham Hotspurs (Valuation) - €680.3 million

Tottenham comes in at number six on the list of richest clubs in England with a €680.3 million valuation on Transfermarkt.

The club was founded in 1882 and has played its home matches in the 62,850-capacity Tottenham Hotspur Stadium since April 2019.

An Aerial view of the Tottenham Hotspur Stadium
An Aerial view of the Tottenham Hotspur Stadium

The state-of-the-art stadium was built between 2016 and 2019 and cost £1 billion to complete, making it one of the best sports stadiums in the whole world.

Spurs made a whopping €523 million in total revenue for 2022 and are valued highly due to their status as one of the traditional big six of English football.

The club is owned by ENIC International Ltd, an investment company established by the British billionaire Joe Lewis who bought majority shares at the club in 2001.

Lewis’ partner at ENIC, Daniel Levy has been the executive chairman of the club ever since and is the public face of the club’s ownership.

Tottenham chairman Daniel Levy.
Tottenham chairman Daniel Levy.

Tottenham’s record-signing Tanguy Ndombele joined the club from Lyon in 2019 for £62 million but the midfielder has failed to hit the expected heights so far.

5. Manchester United (Valuation) - €795.7 million

Manchester United are arguably the richest club in England and probably the world in general but their Transfermarkt valuation of €795.7 million only puts them at number five in the list of richest clubs in England.

Manchester United are arguably the richest club in England
Manchester United are arguably the richest club in England

The Red Devils also earned €688.6 million in revenue last year, the third-highest among English clubs and fourth in the world.

They are undoubtedly the most successful English club in history with a record 20 League titles (13 Premier League titles), 12 FA Cups, six League Cups, and a record 21 FA Community Shields. 

They have won the European Cup/UEFA Champions League three times, and the UEFA Europa League, the UEFA Cup Winners' Cup, the UEFA Super Cup, the Intercontinental Cup and the FIFA Club World Cup once each.

United are based in Manchester and play their home games at the 74,310-capacity stadium, Old Trafford which they moved into in 1910.

Manchester United are a public company and on the New York Stock Exchange which means they are technically owned by the public but they have two chairmen in Joel and Avram Glazer, the majority shareholders.

Manchester United owners Joel and Avram Glazer
Manchester United owners Joel and Avram Glazer

The club is known for big spending in the transfer window but they are yet to surpass the £89.3 million paid to sign Paul Pogba in August 2016 which was a British-record transfer at the time and remains the club-record fee.

4. Liverpool (Valuation) - €879 million

Liverpool are number four on the list of richest clubs in England according to Tranfermarkt’s valuation of €879 million.

Liverpool are among the richest clubs in England
Liverpool are among the richest clubs in England

The Reds made a whopping €707.7 million in revenue for 2022 according to the Deloitte Football Money League, behind only Real Madrid and Manchester City in the whole world.

Liverpool was founded in 1892 and have since played their home games at the 53,394-capacity Anfield Stadium situated in Merseyside. The club is currently owned by Fenway Sports Group, an American, multinational sports conglomerate.

The 75 million signing of Virgil Van Dijk from Southampton in January 2018 is Liverpool’s record signing.

Virgil Van Dijk is Liverpool's most expensive player
Virgil Van Dijk is Liverpool's most expensive player

Jurgen Klopp’s men have been performing under par this season but they still have an outside chance of qualifying for the Champions League.

3. Arsenal (Valuation) - €890 million

Third on the list of richest clubs in England is Arsenal who are valued at €890 million on Transfermarkt. The Gunners made €433.5 million in revenue last year according to the Deloitte Football Money League.

The club is based in Islington, North London and play their home games at the 60,704-capacity Emirates Stadium which was opened in July 2006 and cost £390 million to construct.

Their record signing is Nicolas Pepe who joined the club for £72 million from Lille in 2019 but it id not work out and he has since been loaned out.

Arsenal are currently owned by Kroenke Sports and Entertainment, an American company founded by Stan Kroenke who is the co-chairman of Arsenal along with his son, Josh.

Mikel Arteta’s team are on course for a second-place finish in this season’s Premier League, their best finish since the 2015/16 season when they also ended the season second behind Leicester City.

2. Chelsea (Valuation) - €1.02 billion

Chelsea made €568.3 million in revenue last year, the eighth-highest in the world and the fourth amongst English clubs.

This is particularly surprising because Chelsea spent a large portion of 2022 embroiled in uncertainty caused by former owner Roman Abramovich’s involvement in the Russia-Ukraine tensions which eventually led to the sale of the club.

The club is owned by Blues Partners Limited, a consortium led by American businessman Todd Boehly who is the chairperson of the club.

Chelsea majority shareholder Todd Boehly and Behdad Eghbali
Chelsea majority shareholder Todd Boehly and Behdad Eghbali

They are valued at €1.02 billion by Transfermarkt which makes Chelsea number two on the list of richest clubs in England.

The club was founded in 1905 and based in Fulham, West London where they play their home games at Stamford Bridge, a 40,343-capacity stadium.

Enzo Fernandez joined the club from Benfica in January 2023 for £106.8 million, making him the club-record signing.

Chelsea signed Enzo Fernandez from Benfica for a British-record fee.
Chelsea signed Enzo Fernandez from Benfica for a British-record fee.

1. Manchester City (Valuation) - €1.05 billion

The richest club in England, topping the list with a massive €1.05 billion valuation is Manchester City. The UAE-backed club are owned by City Football Group, a holding company that administers association football clubs, founded by Sheikh Mansour bin Zayed Al Nahyan and Khaldoon Al Mubarak.

Manchester City are arguable the richest club in England
Manchester City are arguable the richest club in England

Al Mubarak functions as the club chairman and has overseen Manchester City’s long stretch of success on and off the pitch over the last decade.

Deloitte Football Money League reports that Manchester City made €731 million in revenue last year, the most of any club in the world.

The club was originally founded in 1880 as St. Mark's (West Gorton) and then became Ardwick Association Football Club in 1887 and it was not until 1894 when they became known as Manchester City.

The Cityzens really began to enjoy success in August 2008 when they were purchased by the Abu Dhabi United Group. Their strategy was to sign the best available big-name players.

Their current record signing is Jack Grealish for whom they paid £100 million to sign from Aston Villa in the summer of 2021.

Jack Grealish is Manchester City's record signing
Jack Grealish is Manchester City's record signing

Manchester City are undoubtedly the best team in England thanks largely to their manager Pep Guardiola who is on course to win them a third-consecutive Premier League title while also in the running for the UEFA Champions League and FA Cup to complete an unprecedented treble.

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