- real Madrid (Spain) – $6.75 billion
no. 1 for four consecutive years, first billion-dollar club in soccer history with revenues topping $1.1 billion in the 2023-24 season. global brand power and commercial influence, stadium renovations, and more keep value unrivaled - manchester United (England ) – $6.6 billion
remains #2 in global fandom and commercial revenue despite recent underperformance. strong brand power and revenue structure despite a 17th-place finish in the Premier League in 2023-24 - barcelona (Spain) – $5.65 billion
club value recovering after financial crisis. renovation of Camp Nou and growth of young squad expected to boost value in the future - liverpool (England) – $5.4 billion
winning the Premier League and consistently performing well in Europe. loyal fan base and stable revenue structure - manchester City (England ) – $5.2 billion
skyrocketing valuation thanks to winning streak and commercial growth in recent years. no longer relevant for the 2023-24 season, but brand power and financial stability remain - bayern Munich (Germany) – $5.1 billion
overwhelmingly number one in Germany, competitive on the European stage, and financial stability keeps them at the top of the list - paris Saint-Germain (France) – $4.55 billion
first Champions League title in 2024-25, skyrocketing brand value. strategic signings and global marketing drive club value - arsenal (England) – $4.0 billion
a young squad, innovative management, and success in the Premier League and European competitions drive value - tottenham Hotspur (England) – $3.55 billion
first European title in 17 years (Europa League) boosts brand value and revenue structure - chelsea (England ) – $3.5 billion
value fluctuated during rebuild, but remains in the top 10 due to long-term brand power and global marketing
the rankings are based on Forbes’ 2025 estimates and are calculated by combining each club’s enterprise value (equity + net debt), matchday, broadcast, advertising, and brand across four revenue streams. six of the top 10 teams are from the Premier League, demonstrating the commercial power and league competitiveness of English clubs.
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