Real Madrid Tops Forbes' Most Valuable Football Clubs List

Real Madrid has retained its status as the world's most valuable football club, according to Forbes' annual list, with a valuation of $9.5 billion. Barcelona has climbed to second place with a valuation of $7.5 billion, overtaking Manchester United, which has fallen to third with a valuation of $7.2 billion despite generating $865 million during the 2024-25 season.

Manchester United's decline is attributed to a poor campaign, finishing 15th in the Premier League and losing in the final of the Europa League. Liverpool remains in fourth place with a valuation of $6.2 billion following their Premier League triumph.

PSG is ranked fifth, while Bayern Munich is sixth. Manchester City has dropped to seventh despite continued domestic success.

Arsenal is eighth with a valuation of $5.4 billion, while Chelsea and Tottenham complete the top ten. The Premier League has 11 clubs represented in the top 30 list, with the overall value of the top 30 clubs increasing to $21.2 billion, showcasing the commercial power of football.