League Two · England · valued 28 October 2026
Cheltenham Town valuation
The FCV Index values Cheltenham Town at £6.6m as of 28 October 2026, with an indicative range of £4.6m–8.6m (data grade C). That ranks Cheltenham Town #9 in League Two and #178 of the 198 clubs in the index. Its FCV Desirability score is 24 out of 100 (#84 of the 92 English league clubs).
Key figures
- Live enterprise value
- £6.6m
- Indicative range
- £4.6m–8.6m
- Data grade
- C (±30%)
- Rank in League Two
- #9 of 24
- Rank in FCV Index
- #178 of 198
- Latest revenue
- not filed
- Revenue source
- Modelled estimate
- Adjusted revenue multiple
- 1.09x
- Squad value (estimate)
- €2.7m
- Stadium capacity
- 7,066
- Stadium ownership
- Owned by the club
- Academy
- Category 3
- Owner
- Supporter-owned / David Bloxham
- Net debt (filed)
- £0.1m
- Indicative equity value
- £6.5m
This season
21 points from 13 games; expected finish 9.6. Value in each end-of-season outcome, with FCV's simulated probability:
If promoted, the model assumes the club has to invest to compete and may go straight back down; the promoted value allows for both.
How the value is built
Revenue approach: forward revenue of £3.0m × adjusted multiple 1.09x = £3.2m.
Asset approach: realisable squad value, stadium (if owned) and training ground = £8.9m.
The two are blended with a weight set by division, then adjusted by the club's desirability premium of -2.4%, giving £6.6m if the club stays in League Two. The live value weights each season outcome by its probability. Full methodology.
Desirability
Cheltenham Town scores 24 out of 100 on the FCV Desirability Index, #84 of the 92 English league clubs (between #80 and #88 under different weightings). That is below the League Two median of 28, which gives a discount of 2.4% on the club's value.
The score measures what buyers pay for beyond the accounts. It is built from 18 public measurements in six pillars. How the Desirability Index works.
Pillars (0–100; marker = League Two median)
- Top-flight seasons
- 0
- Major honours
- no major honours
- Wikipedia languages
- 34
- Wikipedia views, 24 months
- 250,383
- Average attendance 2023-25
- 4,404
- Population within 30 km
- 0.8m
- Distance to London
- 140 km
- Nearest major airport
- Birmingham, 65 km
Filed accounts
Latest accounts filed at Companies House by company 00324807 (company accounts). Figures in £ millions; some older filings are scanned documents read by OCR.
- Year end
- 2025-05-31
- Turnover
- n/a
- Turnover, prior year
- n/a
- Staff costs
- n/a
- Operating result
- n/a
- Profit on player sales
- n/a
- Profit before tax
- n/a
- Net assets
- £1.6m
- Cash
- £0.6m
- Borrowings identified
- £0.7m
Questions
How much is Cheltenham Town worth?
The FCV Index values Cheltenham Town at £6.6m as of 28 October 2026, with an indicative range of £4.6m–8.6m (data grade C). That ranks Cheltenham Town #9 in League Two and #178 of the 198 clubs in the index. Its FCV Desirability score is 24 out of 100 (#84 of the 92 English league clubs).
How much would it cost to buy Cheltenham Town?
Enterprise value is £6.6m. After net debt of £0.1m shown in the latest filed accounts, the indicative equity value (what a buyer would pay for the shares) is about £6.5m. Owner loans are often written off or restructured in a sale, so the final price depends on the debt agreed in a deal.
Who owns Cheltenham Town?
FCV records the owner as Supporter-owned / David Bloxham. Check the club's filings at Companies House or the relevant national registry for the current shareholding.
How is Cheltenham Town's value calculated?
FCV blends a revenue approach (forward revenue of £3.0m × an adjusted multiple of 1.09x) with a realisable-asset approach (squad, stadium and training ground, £8.9m), then weights the values if the club is promoted, stays or is relegated by probabilities from a 20,000-run season simulation.
How desirable is Cheltenham Town to a buyer?
Cheltenham Town scores 24 out of 100 on the FCV Desirability Index, #84 of the 92 English league clubs (between #80 and #88 under different weightings). That is below the League Two median of 28, which gives a discount of 2.4% on the club's value.
How often is the valuation updated?
Live values are recalculated after every round of matches, and the financial inputs are updated when clubs file new accounts.
League Two valuations
| # | Club | Live value | Grade |
|---|---|---|---|
| 1 | Tranmere RoversMark & Nicola Palios | £13.8m | A |
| 2 | Port ValeCarol Shanahan | £13.6m | C |
| 3 | Bristol RoversAl-Qadi family | £11.2m | A |
| 4 | WalsallTrivela Group | £10.9m | A |
| 5 | Crewe AlexandraCharles Grant | £9.0m | C |
| 6 | Shrewsbury TownRoland Wycherley | £8.5m | A |
| 7 | Grimsby TownJason Stockwood / Andrew Pettit | £8.2m | C |
| 8 | Exeter CityExeter City Supporters' Trust | £7.5m | A |
| 9 | Cheltenham TownSupporter-owned / David Bloxham | £6.6m | C |
| 10 | BarnetTony Kleanthous | £6.5m | C |
| 11 | GillinghamBrad Galinson | £6.4m | A |
| 12 | Oldham AthleticFrank Rothwell | £5.9m | C |
| 13 | Accrington StanleyAndy Holt | £5.3m | C |
| 14 | Salford CityClass of '92 / Peter Lim | £5.2m | C |
| 15 | Rotherham UnitedTony Stewart | £5.1m | A |
| 16 | ChesterfieldChesterfield FC Community Trust | £5.1m | C |
| 17 | RochdaleRochdale AFC Holdings | £4.7m | C |
| 18 | Swindon TownClem Morfuni | £4.3m | C |
| 19 | Fleetwood TownAndy Pilley | £3.2m | C |
| 20 | Colchester UnitedRobbie Cowling | £3.1m | C |
| 21 | Northampton TownSports Alpha Capital (70%) | £3.0m | A |
| 22 | York CityGlen & Julie-Anne Henderson | £2.9m | C |
| 23 | Newport CountyHuw Jenkins consortium | £2.9m | C |
| 24 | Crawley TownWAGMI United | £2.3m | C |
Cite or reuse this valuation
FCV Index, Cheltenham Town valuation as of 28 October 2026, https://footballclubvaluations.com/clubs/cheltenham-town/