** Most valuable football teams

The Most Valuable Football Teams

Edited by Paul Maidment and Jack Gage 03.30.06, 6:00 PM ET

2006 Arsenal rose the most in value during the past year because prior to the 2006-07 season the team will move into a stadium that could increase its annual revenue by as much as $35 million. More than $850 million in stadium improvement subsidies by the German government to prepare for hosting the 2006 World Cup markedly improved values for Bayern Munich, Schalke 04 and Bayer Leverkusen. Meanwhile, Juventus and Internazionale Milan saw their values plummet due to weak attendance and FC Porto, which won the Champions League Cup in 2004, saw its revenues tumble when it could not repeat its championship run.