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Sports Valuations Soar with Arsenal, Knicks

Financial Times Companies •
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Arsenal has transformed from a struggling club to a £4.3bn asset under Kroenke's ownership. From a £420mn valuation in 2007 to the current €4.9bn enterprise value, the Gunners have seen revenues grow from £137mn in 2005-06 to £690mn in 2024-25. Winning the Premier League after 22 years has silenced critics and boosted the club's market position.

MSG Sports is capitalizing on the Knicks' resurgence by splitting the team from the Rangers into separate publicly traded entities, valuing the basketball franchise at $9.85bn. The team's record-breaking playoff run has driven MSGS shares to all-time highs, with NBA Finals tickets commanding near $4,000 as New York prepares for its first championship appearance since 1999.

European sports investment continues to attract capital, with US firms leading but regional players gaining traction. Arsenal's Champions League final against PSG represents more than a trophy—it's a business validation of strategic investments in European sports assets that have reshaped club valuations and market dynamics across the continent.