Valuations as of 28 October 2026198 clubs · 10 leaguesFCV 92 (English league clubs) £32.87bnMethodology v1.1

League Two · England · valued 28 October 2026

Gillingham valuation

The FCV Index values Gillingham at £6.4m as of 28 October 2026, with an indicative range of £5.4m–7.4m (data grade A). That ranks Gillingham #11 in League Two and #182 of the 198 clubs in the index. Its FCV Desirability score is 34 out of 100 (#69 of the 92 English league clubs).

FCV live enterprise value
£6.4m
Range £5.4m–7.4m
Grade A: Built from the club's latest filed accounts (Companies House)

Key figures

Live enterprise value
£6.4m
Indicative range
£5.4m–7.4m
Data grade
A (±15%)
Rank in League Two
#11 of 24
Rank in FCV Index
#182 of 198
Latest revenue
£7.5m
Revenue source
Companies House filed accounts
Adjusted revenue multiple
0.91x
Squad value (estimate)
€3.2m
Stadium capacity
11,582
Stadium ownership
Not yet verified
Academy
Category 3
Owner
Brad Galinson
Net debt (filed)
£6.9m
Indicative equity value
-£0.5m

This season

17 points from 13 games; expected finish 12.2. Value in each end-of-season outcome, with FCV's simulated probability:

Promoted£5.3m · 14%
Stays£6.8m · 83%
Relegated£3.6m · 4%

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 £7.8m × adjusted multiple 0.91x = £7.1m.

Asset approach: realisable squad value, stadium (if owned) and training ground = £6.3m.

The two are blended with a weight set by division, then adjusted by the club's desirability premium of +3.8%, giving £6.8m if the club stays in League Two. The live value weights each season outcome by its probability. Full methodology.

Desirability

FCV Desirability score
34/100
#69 of the English 92 · range #60–#72
League Two median 28 · value effect +3.8%

Gillingham scores 34 out of 100 on the FCV Desirability Index, #69 of the 92 English league clubs (between #60 and #72 under different weightings). That is above the League Two median of 28, which gives a premium of +3.8% 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)

Heritage and lore26
Global recognition12
Fanbase depth33
Catchment73
Location and access53
Momentum42
Top-flight seasons
0
Major honours
no major honours
Wikipedia languages
35
Wikipedia views, 24 months
389,988
Average attendance 2023-25
6,247
Population within 30 km
2.1m
Distance to London
50 km
Nearest major airport
Gatwick, 58 km

Filed accounts

Latest accounts filed at Companies House by company 00039175 (company accounts). Figures in £ millions; some older filings are scanned documents read by OCR.

Year end
2025-06-30
Turnover
£7.5m
Turnover, prior year
£8.2m
Staff costs
£6.8m
Operating result
-£5.7m
Profit on player sales
n/a
Profit before tax
-£5.7m
Net assets
-£7.8m
Cash
£0.1m
Borrowings identified
£7.0m

View the filing history at Companies House

Questions

How much is Gillingham worth?

The FCV Index values Gillingham at £6.4m as of 28 October 2026, with an indicative range of £5.4m–7.4m (data grade A). That ranks Gillingham #11 in League Two and #182 of the 198 clubs in the index. Its FCV Desirability score is 34 out of 100 (#69 of the 92 English league clubs).

How much would it cost to buy Gillingham?

Enterprise value is £6.4m. After net debt of £6.9m shown in the latest filed accounts, the indicative equity value (what a buyer would pay for the shares) is about -£0.5m. 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 Gillingham?

FCV records the owner as Brad Galinson. Check the club's filings at Companies House or the relevant national registry for the current shareholding.

How is Gillingham's value calculated?

FCV blends a revenue approach (forward revenue of £7.8m × an adjusted multiple of 0.91x) with a realisable-asset approach (squad, stadium and training ground, £6.3m), 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 Gillingham to a buyer?

Gillingham scores 34 out of 100 on the FCV Desirability Index, #69 of the 92 English league clubs (between #60 and #72 under different weightings). That is above the League Two median of 28, which gives a premium of +3.8% 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

#ClubLive valueRangeGradeDesirabilityLatest revenue
1Tranmere RoversMark & Nicola Palios£13.8m£11.7m–15.9mA35£5.8m
2Port ValeCarol Shanahan£13.6m£9.5m–17.7mC38n/a
3Bristol RoversAl-Qadi family£11.2m£9.5m–12.9mA40£8.1m
4WalsallTrivela Group£10.9m£9.3m–12.5mA29£8.2m
5Crewe AlexandraCharles Grant£9.0m£6.3m–11.7mC30n/a
6Shrewsbury TownRoland Wycherley£8.5m£7.2m–9.8mA28£7.2m
7Grimsby TownJason Stockwood / Andrew Pettit£8.2m£5.7m–10.7mC32n/a
8Exeter CityExeter City Supporters' Trust£7.5m£6.4m–8.6mA27£8.2m
9Cheltenham TownSupporter-owned / David Bloxham£6.6m£4.6m–8.6mC24n/a
10BarnetTony Kleanthous£6.5m£4.5m–8.5mC30n/a
11GillinghamBrad Galinson£6.4m£5.4m–7.4mA34£7.5m
12Oldham AthleticFrank Rothwell£5.9m£4.1m–7.7mC35n/a
13Accrington StanleyAndy Holt£5.3m£3.7m–6.9mC19n/a
14Salford CityClass of '92 / Peter Lim£5.2m£3.6m–6.8mC23n/a
15Rotherham UnitedTony Stewart£5.1m£4.3m–5.9mA28£10.5m
16ChesterfieldChesterfield FC Community Trust£5.1m£3.6m–6.6mC29n/a
17RochdaleRochdale AFC Holdings£4.7m£3.3m–6.1mC22n/a
18Swindon TownClem Morfuni£4.3m£3.0m–5.6mC45n/a
19Fleetwood TownAndy Pilley£3.2m£2.2m–4.2mC14n/a
20Colchester UnitedRobbie Cowling£3.1m£2.2m–4.0mC24n/a
21Northampton TownSports Alpha Capital (70%)£3.0m£2.5m–3.4mA33£7.5m
22York CityGlen & Julie-Anne Henderson£2.9m£2.0m–3.8mC21n/a
23Newport CountyHuw Jenkins consortium£2.9m£2.0m–3.8mC21n/a
24Crawley TownWAGMI United£2.3m£1.6m–3.0mC24n/a

Cite or reuse this valuation

FCV Index, Gillingham valuation as of 28 October 2026, https://footballclubvaluations.com/clubs/gillingham/