In the African region, the most valuable football team as of the 2023/2024 season was the Egyptian El Ahly, with a market value of 30.5 million euros. El Ahly was established in 1907, and since then it managed to be the most decorated club in Egypt and held the record as the team with the highest Confederation of African Football (CAF) champions league titles. The South African Mamelodi Sundowns FC followed closely with a value of 29.15 million euros. Another Egyptian and South African team followed, namely Pyramids FC and Orlando Pirates, with a market value of 21.73 million and 19.55 million euros, respectively. Furthermore, Zamalek SC ranked fifth with a market value of nearly 19.23 million euros.
Al-Ahly of Egypt dominate the CAF Champions League
The 2022/2023 CAF Champions League kicked off on September 10 with the first preliminary round. The second preliminary round follows. There, ten teams exempted from the first round compete with the winners to reach the group stage. This is followed by two legs (Home and Away) of quarterfinals, semi-finals, and then a final. The final matches were on June 04, and June 11, 2023, between the defending champions Wydad Casablanca and Al-Ahly. The Egyptian team managed to deprive Wydad Casablanca of securing its fourth title and second consecutive title. Moreover, TP Mazembe and El Zamalek SC managed to win the CAF Champions League title five times each.
Large market value discrepancies from European leagues
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Transfermarkt. (October 13, 2023). Most valuable football clubs in Africa as of the 2023/2024 season, by market value (in million euros) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/
Transfermarkt. "Most valuable football clubs in Africa as of the 2023/2024 season, by market value (in million euros)." Chart. October 13, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/
Transfermarkt. (2023). Most valuable football clubs in Africa as of the 2023/2024 season, by market value (in million euros). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/
Transfermarkt. "Most Valuable Football Clubs in Africa as of The 2023/2024 Season, by Market Value (in Million Euros)." Statista, Statista Inc., 13 Oct 2023, https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/
Transfermarkt, Most valuable football clubs in Africa as of the 2023/2024 season, by market value (in million euros) Statista, https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/ (last visited September 01, 2024)
Most valuable football clubs in Africa as of the 2023/2024 season, by market value (in million euros) [Graph], Transfermarkt, October 13, 2023. [Online]. Available: https://www.statista.com/statistics/1231531/most-valuable-football-clubs-in-africa/