Norwegian leaders are the best club in Europe: Off The Pitch reveals the top financial performers of 2020

1 July 2021

Molde
Photo: Alamy Molde finished top in a weighted analysis of 170 European clubs well ahead of Mallorca and Atalanta in second and third place, respectively.

Molde finished top in a weighted analysis of 170 European clubs well ahead of Mallorca and Atalanta in second and third place, respectively.

Finance director highlights unique company structure but says club don't pay much attention to metrics.

Along with Atalanta, last year’s winner Leganes and runners-up Eibar feature once more on this year’s top financial performers.

Molde in 2020 saw their turnover rise to €20.1 million, a more than 75 per cent increase from the year prior.

Emil Gjerding Nielson and Joseph Mailil, analyst nielson@offthepitch.com

Off The Pitch is once again crowning the top financial performing clubs of the past year. 

Using EBITDA margin, return on assets (ROA) and equity ratio we have compiled a weighted ranking to determine which European clubs were the best at managing their finances in 2020.

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