Arsenal’s enterprise value has increased sharply by 23 per cent to €4.9 billion (about N7.84 trillion), reflecting the club’s strong financial growth alongside recent sporting progress, according to Football Benchmark’s latest European club valuation report.
The North London side rose two places to fifth in Europe’s ranking, with valuations based on financial performance from the 2024/2025 season.
The report had not yet factor in potential commercial gains from Arsenal’s 2025/2026 Premier League title success.
Football Benchmark noted that Arsenal’s valuation growth has been driven by increased revenues, particularly from commercial activities, as well as a €246 million rise in squad value.
Arsenal is now valued just behind Manchester United, which stands at €5.1 billion, highlighting the narrowing financial gap between the two English clubs and other European heavyweights.
At the top of the rankings, Real Madrid remains Europe’s most valuable club at €7.7 billion, followed by Barcelona at €5.9 billion, reinforcing the financial dominance of Spain’s traditional giants.
The report also highlighted a shift in the European football hierarchy, with Manchester United dropping out of the top three for the first time since the valuation index began in 2016.
Arsenal’s rise has come amid sustained sporting improvement.
The club finished second in the 2024/2025 Premier League season behind Liverpool and went on to win the 2025/2026 title with a game to spare, ending a 22-year league drought.
The triumph marked Arsenal’s first English league title since the famous 2003/2004 “Invincibles” season and capped a period of consistent contention at the top of the Premier League.
Football Benchmark founder and CEO Andrea Sartori noted that Arsenal’s growth reflects a combination of rising revenues and increased squad value over recent years.
Over the past decade, Arsenal’s enterprise value has reportedly nearly tripled, driven by commercial expansion and improved financial management.
The club, owned by U.S. billionaire Stan Kroenke, has benefited from steady off-field growth alongside on-field progress, strengthening its position among Europe’s elite.
The report also pointed to Paris Saint-Germain as one of the fastest-growing clubs in valuation terms, with growth of more than 400 per cent, supported by Qatar Sports Investments and Arctos Partners.
PSG, who are set to face Arsenal in the UEFA Champions League final at the Puskás Aréna in Budapest on May 30, 2026, rank eighth in the valuation table despite playing in a relatively smaller stadium, but generate higher matchday revenue efficiency per seat compared to Arsenal.
Arsenal’s recent form includes three consecutive Premier League seasons finishing as runners-up before finally securing the title, underlining a sustained climb in performance.
The club also recorded 19 clean sheets during its title-winning 2025/2026 campaign, further highlighting its defensive strength throughout the season.
The latest valuation underscores Arsenal’s growing commercial power and sporting resurgence, positioning it among Europe’s most valuable football institutions as it seeks its first UEFA Champions League title.
