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

FCV Desirability Index v0.9 · English 92 · 28 October 2026

Desirability Index

The FCV Desirability Index scores the 92 English league clubs from 0 to 100 on what buyers pay for beyond the accounts: heritage, global recognition, fanbase, catchment, location and momentum. The most desirable clubs are Arsenal (88), Tottenham Hotspur (86) and Manchester United (86). Scores as of 28 October 2026.

What goes in

Heritage and lore · 30%

Seasons in the top flight, all time; Major honours (weighted); Premier League seasons since 1992; Years since founding.

Global recognition · 20%

Wikipedia language editions; English Wikipedia views, last 24 months.

Fanbase depth · 25%

Average home attendance, 2023-25; Attendance vs division median, 2016-25; Stadium capacity; Average division, last 10 seasons.

Catchment · 15%

Population within 30 km; Median resident pay within 30 km; Share of league support within 30 km.

Location and access · 5%

Distance to central London; Distance to a major international airport.

Momentum · 5%

Change in Wikipedia views, year on year; Divisions climbed since 2015; Change in attendance, 2023-24 to 2024-25.

The 92, most desirable first

#ClubDivisionScoreRangeHeritageRecognitionFanbaseCatchmentLocationMomentumValue effect
1ArsenalPremier League881–2879895778261+5.2%
2Tottenham HotspurPremier League862–3889394777153+4.6%
3Manchester UnitedPremier League861–49310098575844+4.5%
4LiverpoolPremier League834–7859893665048+3.6%
5Aston VillaPremier League834–8949282587563+3.5%
6EvertonPremier League815–9939085634846+3.0%
7West Ham UnitedChampionship814–9738895757362+9.9%
8ChelseaPremier League815–9769786688750+2.9%
9Manchester CityPremier League806–9809693565555+2.7%
10Newcastle UnitedPremier League7510–13809089404944+1.0%
11Leicester CityLeague One7310–14748875596452+20.0%
12SunderlandPremier League7311–18858283403550+0.3%
13Wolverhampton WanderersChampionship7210–15848570475269+5.7%
14Nottingham ForestPremier League7113–20838566426558-0.3%
15West Bromwich AlbionChampionship7014–20837266527053+4.5%
16Coventry CityPremier League6912–23686671627189-0.9%
17Birmingham CityChampionship6916–21737372517850+3.9%
18SouthamptonChampionship6915–22717973593848+3.9%
19FulhamPremier League6911–26648159658885-1.1%
20Leeds UnitedPremier League6814–27648683461853-1.4%
21Derby CountyChampionship6716–26715980526963+3.3%
22Sheffield WednesdayLeague One6716–26836074453362+16.7%
23Crystal PalacePremier League6715–29598862687638-1.7%
24Bolton WanderersChampionship6618–27836369463556+2.7%
25Blackburn RoversChampionship6616–32887552422372+2.4%
26MiddlesbroughChampionship6422–34766775421353+1.9%
27Ipswich TownPremier League6426–29696867504457-2.6%
28Stoke CityChampionship6325–32786065524140+1.4%
29Sheffield UnitedChampionship6324–34676382443437+1.2%
30Brighton & Hove AlbionPremier League6223–34457772606261-3.1%
31BurnleyChampionship6127–38757456412150+0.3%
32Queens Park RangersChampionship6025–36626648648943-0.3%
33Charlton AthleticChampionship5928–36545564636970-0.6%
34WatfordChampionship5929–36556654627854-0.7%
35PortsmouthChampionship5930–37615464544182-0.7%
36Norwich CityChampionship5832–40576269453250-1.3%
37BrentfordPremier League5730–41457047659167-4.8%
38Luton TownLeague One5633–42555741669165+9.4%
39ReadingLeague One5537–43545059655924+9.1%
40Cardiff CityChampionship5537–43516065564415-2.8%
41MillwallChampionship5238–49375752668061-3.9%
42BournemouthPremier League5238–49447941533462-6.4%
43Huddersfield TownLeague One5239–48554766433025+6.8%
44Preston North EndChampionship5140–49625152421940-4.7%
45WrexhamChampionship5041–52416942573869-4.8%
46Bristol CityChampionship5041–54324464597551-5.2%
47Notts CountyLeague One4941–53634247316439+5.2%
48Wigan AthleticLeague One4946–50475652443841+5.2%
49Swansea CityChampionship4844–54456750451528-5.9%
50Hull CityPremier League4843–55386758361661-7.6%
51BarnsleyLeague One4845–54514260362944+4.3%
52Bradford CityLeague One4845–55484061392054+4.3%
53Oxford UnitedLeague One4645–55404044635068+3.4%
54Swindon TownLeague Two4548–56543640564123+10.9%
55BlackpoolLeague One4550–59574442401626+2.5%
56Leyton OrientLeague One4252–59403831627139+0.7%
57Bristol RoversLeague Two4056–60333143507042+7.5%
58Plymouth ArgyleLeague One4055–6730455636345-0.7%
59Milton Keynes DonsLeague One3855–67163452586933-1.5%
60Lincoln CityChampionship3856–65323038433193-10.9%
61Port ValeLeague Two3857–64382634414380+6.0%
62AFC WimbledonLeague One3757–68173536608355-2.4%
63Stockport CountyLeague One3660–65332436436363-2.8%
64Tranmere RoversLeague Two3564–68322632445059+4.3%
65Oldham AthleticLeague Two3559–72423721434418+4.2%
66Peterborough UnitedLeague One3562–73193442493848-4.0%
67Wycombe WanderersLeague One3462–70292723546957-4.1%
68Doncaster RoversLeague One3461–74362344272255-4.1%
69GillinghamLeague Two3460–72261233735342+3.8%
70Northampton TownLeague Two3368–72302025535055+2.8%
71Grimsby TownLeague Two3262–81463426161937+2.6%
72BarnetLeague Two3065–8129129728036+1.1%
73Cambridge UnitedLeague One3071–79201525615845-7.2%
74Crewe AlexandraLeague Two3071–79381622344246+0.8%
75ChesterfieldLeague Two2969–8340833293822+0.7%
76WalsallLeague Two2974–80291225426139+0.3%
77BromleyLeague One2870–8327144627272-8.0%
78Rotherham UnitedLeague Two2872–84192834312934-0.3%
79Shrewsbury TownLeague Two2874–83301526442622-0.3%
80Mansfield TownLeague One2772–85251230244483-8.7%
81Exeter CityLeague Two2775–85231924471847-0.7%
82StevenageLeague One2772–8517813668752-8.9%
83Burton AlbionLeague One2579–86182615416133-10.1%
84Cheltenham TownLeague Two2480–8827212554244-2.4%
85Crawley TownLeague Two2477–892558459151-2.5%
86Colchester UnitedLeague Two2483–87181218395551-2.9%
87Salford CityLeague Two2381–9018322365052-3.4%
88RochdaleLeague Two2286–9021517423741-4.1%
89Newport CountyLeague Two2187–9120611405253-4.3%
90York CityLeague Two2186–90201815351045-4.5%
91Accrington StanleyLeague Two1987–9118308232217-6.1%
92Fleetwood TownLeague Two1492–9217612251014-9.0%

Range: the club's rank in 90% of 5,000 random re-weightings of the pillars. Value effect: the premium or discount applied to the club's valuation, measured against its division's median score.

How it works

Each of 18 indicators is turned into a percentile rank across the 92 clubs. A pillar is the average of its indicators, and the score is the weighted average of the six pillars. Every input is a public, checkable figure; there are no opinion scores.

In the valuation, a club's premium is its score minus its division's median, divided by 50, times the division cap, times 1.6, held within the cap (Premier League ±10%, Championship ±15%, League One and League Two ±20%). It replaces the old stadium-size premium, and each division is rescaled so its total value is unchanged: the index decides how value is shared between clubs, not how much there is.

Does it hold up?

Correlation with filed revenue, within division
0.67
The same, attendance measures removed
0.70
Percentile vs z-score scoring (Spearman)
0.986
Lowest agreement with one pillar removed
0.979
Typical 90% rank range
9 places

Sources: Wikipedia league season and honours articles, Wikidata, Wikimedia page views, ONS population and earnings (via Nomis). Phoenix clubs are scored on their own record (AFC Wimbledon since 2002). Full detail on the methodology page.