Los Angeles FC has passed Los Angeles Galaxy as the most valuable U.S. based soccer club, according to the latest Soccerex rankings revealed Thursday.
Soccerex unveiled its third edition of the Soccerex Football Finance 100 (FF100), an annual report that evaluates and ranks the financial strength of soccer clubs around the world.
The index evaluates clubs’ playing assets, tangible assets, cash in the bank, potential owner investment and net debt.
LAFC is ranked No. 18 overall in the 2020 rankings, entering the report for the first time since joining MLS with a score of 1.657.
LA Galaxy earned a score of 1.317, which led the domestic rankings in the past two editions of the report, now ranks No. 22 overall and second in MLS.
The Seattle Sounders, the reigning MLS Cup champions, ranked third in the league and No. 27 nationally with a score of 1.146.
The following MLS teams also made the top 100 list:
No. 36 Colorado Rapids (0.892), No. 40 New England Revolution (0.835), No. 42 New York Red Bulls (0.787), No. 48 NYCFC (0.701), No. 51 Atlanta United (0.631), No. 52 Toronto FC (0.631), No. 56 Chicago Fire (0.598), No. 69 Minneosta United (0.536), No. 72 San Jose Earthquakes (0.509), No. 79 Orlando City (0.470), No. 82 Portland Timbers (0.440), No. 84 Houston Dynamo (0.412), No. 88 Montreal Impact (0.379) and No. 90 Sporting Kansas City (0.372).
Internationally, Paris Saint Germain (PSG) bumped Manchester City for the No. 1 spot. The club earned a score of 5.318, while Manchester City followed at No. 2 with a 5.197 score.
Soccerex notes both clubs have Middle Eastern owners with vast financial resources and ability to amass playing squads with more than $1 billion in combined value.
The report notes, “PSG have managed to leapfrog Manchester City due to an improved level of financial management that has allowed them to increase their cash reserves and reduce debt levels, through a combination of player sales and support from their Qatari owners, who extended the share capital of the club.”
It states PSG reduced its debt by $76 million, while Manchester City’s increased by more than $98 million.
Bayern Munich ranked third with a score of 3.888, Tottenham fourth (3.441), Real Madrid 5th (3.336), Arsenal sixth (3.150), Chelsea seventh (2.893), Liverpool eighth (2.616), Juventus ninth (2.195) and Borussia Dortmund 10th (2.154) round out the top 10.