In the last published rankings, Forbes ranked Arsenal 6th in the world of soccer in terms of “most valuable” and Liverpool 8th; Deloitte had Arsenal 7th and Liverpool 9th. Liverpool charge “cost of sales” (the cost of providing sponsors with certain entitlement benefits) directly against revenue. New stadium – larger depreciation charge for Arsenal – net difference £10M. Interest cost Arsenal (£9.5M) more but Liverpool made a much bigger profit selling and loaning players - £37M. Coming up next - Can Liverpool stay ahead of Arsenal in terms of profitability and a look at 2016/17, this current year and what the future might hold for both Liverpool and Arsenal.

Source: Forbes December 31, 2017 11:26 UTC