Real Madrid, Manchester United and Barcelona feature on Forbes' most valuable list
As the 2024-25 club football season came to a dramatic close—with Paris Saint-Germain finally capturing their long-coveted UEFA Champions League crown—off-the-pitch recognition followed swiftly. Forbes released its annual list of the most valuable football clubs in the world, and unsurprisingly, PSG's European success landed them a strong place among the elite.While Real Madrid continued their reign at the top despite ending the season without silverware, the list features a mix of traditional giants and resurging contenders. Here's a full breakdown of the top-ranked teams and their valuations, along with a glimpse at their on-field realities.Forbes' most valuable football teams list:advertisement1. Real Madrid – $6.75 billionDespite finishing the season trophyless, Real Madrid remain the gold standard in global football valuation. Their brand strength, commercial appeal, and consistency off the pitch continue to keep them ahead.2. Manchester United – $6.6 billion
Manchester United had a season to forget, finishing 17th in the Premier League and barely avoiding relegation. Yet, their global fanbase and commercial muscle keep them firmly near the top of the financial ladder.3. FC Barcelona – $5.65 billionBarcelona have turned a major corner, shaking off their recent financial turmoil. While still a work in progress, their improved management and rising performance have boosted their value.4. Liverpool – $5.4 billionLiverpool's consistent European and domestic presence has helped maintain their strong valuation. This year's Premier League champions under new coach Arne Slot, continues to enjoy a loyal fanbase and a robust commercial structure.5. Manchester City – $5.2 billionadvertisementCity ended a rare trophyless season under Pep Guardiola and barely scraped into a European spot—one of Pep's worst campaigns. Still, their sustained dominance in previous years supports a high valuation.6. Bayern Munich – $5.1 billionThe Bundesliga title once again found its way to Munich, but failure in Europe leaves a bitter taste. Bayern's financial strength, however, remains one of the most stable in world football.7. Paris Saint-Germain – $4.55 billionPSG finally fulfilled their European dreams, lifting the Champions League thanks to strategic transfers and Luis Enrique's leadership. Their value rose as they turned dreams into dominance.8. Arsenal – $4.0 billionArsenal looked promising after a thrilling win over Real Madrid in the Champions League quarterfinals, but ended the season empty-handed. Nonetheless, their growing squad and business model impress.9. Tottenham Hotspur – $3.55 billionSpurs finally broke their 17-year trophy drought, winning the Europa League against Manchester United. The silverware boosted their standing both on and off the pitch.10. Chelsea – $3.5 billionStill reeling from a chaotic rebuild phase, Chelsea are starting to find direction. Their wild spending is finally showing signs of structure, and their value reflects long-term brand strength.
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