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Numerous prominent football clubs across Europe have witnessed increases in market value during 2023. However, upon examining Transfermarkt data for these European teams, it becomes evident that none have experienced a surge comparable to that of Arsenal during this period. How did the Gunners achieve this?

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Arsenal Emerges at the Summit of Clubs with the Highest Market Value Rise in 2023

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Under the management of Mikel Arteta, Arsenal commenced the year with a combined value of €759 million. Over the past 12 months, this figure has soared by €351 million, reaching a total of €1.11 billion. Captain Martin Ødegaard played a pivotal role in this substantial increase, with his market worth growing by €30 million during the period. The North London side also benefited from the departure of lower-value players and the arrival of high-value stars, notably Declan Rice.

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Notably, Bukayo Saka currently holds the title of the most valuable player in the Gunners squad and the world, with his worth escalating from €100 million in January to €120 million in December 2023—an impressive growth of €20 million. Additionally, William Saliba and Gabriel Martinelli experienced growths of €25 million each within the same timeframe.

Following Arsenal in this notable trend are Newcastle, Real Madrid, Manchester City, and Aston Villa. These clubs observed market value boosts of €191 million, €189 million, €183.45 million, and €170.9 million, respectively, completing the top five with the highest increases in market value for the year. Notably, newly promoted EPL side Burnley secured a noteworthy position on the list, achieving a rise of approximately €162.6 million. For Manchester City, Julian Alvarez emerged as the primary contributor to the surge in market value, with his worth climbing from €50 million to €90 million, representing a €40 million increase within the period.

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