TEN clubs that gained the most value in 2023: Arsenal tops, Real Madrid third
It has been a thrilling year of top level football in Europe, with supporters treated to another 12 months of scintillating action.
Arsenal lead the way and by some distance, with a remarkable increase over the last twelve months reflecting the magnificent job Mikel Arteta has done at the Emirates.
The Gunners came within touching distance of a first Premier League title since the 2003/04 'invincibles' last season, and the club's investment in young players in recent years is beginning to pay dividends.
Big money signings such as Anthony Gordon, Sandro Tonali, and Harvey Barnes have helped increase Newcastle's value, alongside the great work being done by Eddie Howe, as the Englishmen led the Magpies to a Champions League place last season, in which they eventually crashed out of the 'group of death' but with their heads held high.
Real Madrid are the first club on the list outside the Premier League, and their huge market vale increase has a great deal to do with their €103 million signing of Jude Bellingham, who became the world's joint most valuable player at €180m in the latest La Liga market value update, after his incredible start to his career at the Bernabeu, in which he has scored 17 goals in his first 20 games.
Last season's treble winners Man City maintain their position as the most valuable club in world football, with Pep Guardiola's team one of the most feared opponents of all time.
The rapid development of Erling Haaland, who is the joint most valuable player in the world at €180m has aided their squad market value progression.
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