Barcelona sack coach Valverde, rake in £8bn to top Deloitte Money League
London, Jan. 14, 2020 (AltAfrica)– Liga leaders, Barcelona FC have parted way with the 55-year-old, with the former Real Betis boss brought in to replace him.
Barcelona announced the dismissal of head coach Valverde, with Quique Setien taking charge of the Spanish champions on that deal that runs until 2022
Barcelona made the decision to extend Valverde’s deal for an additional season in February of last year, which preceded an embarrassing Champions League capitulation at the hands of Liverpool just months later, having done similar against Roma in the previous campaign.
The 55-year-old has delivered back-to-back Primera Division titles and currently has the Blaugrana sitting at the top of La Liga – albeit on goal difference
Meanwhile, the club have for the first time topped a list of the world’s most money-spinning football clubs in an annual league table that also outlined the shifting balance of power in London and the north-west.
The Catalan club overtook Real Madrid to become only the third to lead the 23rd Deloitte Football Money League as the world’s 20 biggest clubs generate record combined income of €9.3bn (£8bn) for the 2018-19 season.
Tottenham overtook Arsenal and Chelsea to become the most revenue-generating club in a London mini-league thanks in part to the broadcast revenue from a Champions League run that took them to the final.
The north London club achieved its highest ever position of eighth with revenues of €521m, just ahead of Chelsea on €513m, with Arsenal occupying 11th spot on €445.6m, down from ninth.
Deloitte said it expects Tottenham’s matchday revenue to soar past €117m (£100m) for the first time next year after a full term in the new 62,062 stadium, which the club occupied for less than half of the season covered in the report.
Manchester United finished in third with revenues of €711.5m but Deloitte said the traditional financial powerhouse of English football was at risk of losing its crown for the first time, to Abu Dhabi-owned Manchester City or even Liverpool.
City reported revenues of €610.5m, with Liverpool not far behind as England’s third most lucrative club on €604.7m.