Forbes list of the most valuable football clubs
Appearance
This is a list of the richest association football clubs in the world as ranked by Forbes magazine on their worth in U.S. dollars.
Current ranking
As of 27 June 2020[1]
Rank
2020 |
Rank
2018 |
Team | Country | Value in millions |
% change on year |
Debt as % of value |
Revenue ($M) |
---|---|---|---|---|---|---|---|
1 | 3 | Real Madrid | Spain | 4,239 | 4 | 1 | 896 |
2 | 2 | Barcelona | Spain | 4,205 | -1 | 8 | 824 |
3 | 1 | Manchester United | England | 3,808 | -8 | 19 | 795 |
4 | 4 | Bayern Munich | Germany | 3,024 | -1 | 0 | 751 |
5 | 5 | Manchester City | England | 2,688 | 9 | 0 | 678 |
6 | 7 | Chelsea F.C. | England | 2,576 | 25 | 0 | 597 |
7 | 6 | Arsenal | England | 2,268 | 1 | 11 | 520 |
8 | 8 | Liverpool | England | 2,183 | 12 | 3 | 613 |
9 | 10 | Tottenham Hotspur | England | 1,624 | 4 | 4 | 511 |
10 | 9 | Juventus | Italy | 1,512 | 3 | 9 | 480 |
11 | 11 | Paris Saint-Germain | France | 1,092 | 12 | 0 | 646 |
12 | 14 | Atlético Madrid | Spain | 953 | 12 | 23 | 363 |
13 | 12 | Borussia Dortmund | Germany | 896 | -1 | 0 | 379 |
14 | 16 | Schalke 04 | Germany | 683 | -3 | 12 | 291 |
15 | 18 | Internazionale | Italy | 672 | 11 | 50 | 335 |
16 | 17 | Roma | Italy | 622 | 1 | 41 | 298 |
17 | 15 | West Ham United | England | 616 | -18 | 10 | 236 |
18 | 13 | Milan | Italy | 583 | -5 | 42 | 248 |
19 | 20+ | Everton | England | 476 | 32 | 0 | 254 |
20 | 20+ | Newcastle United | England | 381 | - | 0 | 240 |
Historic rankings
2018 rankings
As of 15 June 2018[2]
Rank | Team | Country | Value in millions |
Debt as % of value[3] |
% change on year |
Revenue ($M) |
---|---|---|---|---|---|---|
1 | Manchester United | England | 3,690 | 6 | 11 | 850 |
2 | Barcelona | Spain | 3,635 | 6 | 2 | 688 |
3 | Real Madrid | Spain | 3,580 | 3 | -2 | 688 |
4 | Bayern Munich | Germany | 2,713 | 0 | 1 | 657 |
5 | Manchester City | England | 2,083 | 5 | 8 | 650 |
6 | Arsenal | England | 1,932 | 16 | -4 | 572 |
7 | Chelsea | England | 1,845 | 0 | 11 | 583 |
8 | Liverpool | England | 1,492 | 7 | -4 | 523 |
9 | Juventus | Italy | 1,258 | 7 | -3 | 379 |
10 | Tottenham Hotspur | England | 1,058 | 17 | 4 | 377 |
11 | Paris Saint-Germain | France | 841 | 0 | 3 | 578 |
12 | Borussia Dortmund | Germany | 808 | 0 | -3 | 315 |
13 | Milan | Italy | 802 | 73 | -3 | 238 |
14 | Atlético Madrid | Spain | 732 | 9 | 16 | 234 |
15 | West Ham United | England | 634 | 11 | 17 | 213 |
16 | Schalke 04 | Germany | 629 | 7 | -4 | 249 |
17 | Roma | Italy | 569 | 3 | -2 | 242 |
18 | Internazionale | Italy | 537 | 37 | -4 | 199 |
19 | Leicester City | England | 413 | 0 | - | 191 |
20 | Napoli | Italy | 379 | 0 | -4 | 158 |
2016 rankings
As of 1 May 2016[4]
Rank | Team | Country | Value ($M)[5] | Debt as % of value[3] |
% change on year |
Revenue ($M) |
---|---|---|---|---|---|---|
1 | Real Madrid | Spain | 3,645 | 3 | 12 | 694 |
2 | Barcelona | Spain | 3,549 | 2 | 12 | 675 |
3 | Manchester United | England | 3,317 | 20 | 7 | 625 |
4 | Bayern Munich | Germany | 2,678 | 0 | 14 | 570 |
5 | Arsenal | England | 2,017 | 17 | 54 | 524 |
6 | Manchester City | England | 1,921 | 0 | 40 | 558 |
7 | Chelsea | England | 1,661 | 0 | 21 | 505 |
8 | Liverpool | England | 1,548 | 5 | 58 | 471 |
9 | Juventus | Italy | 1,299 | 4 | 55 | 390 |
10 | Tottenham Hotspur | England | 1,017 | 2 | 69 | 310 |
11 | Borussia Dortmund | Germany | 836 | 0 | 19 | 338 |
12 | Milan | Italy | 825 | 32 | 6 | 240 |
13 | Paris Saint-Germain | France | 814 | 0 | 28 | 578 |
14 | Schalke 04 | Germany | 655 | 21 | 15 | 264 |
15 | Atlético Madrid | Spain | 633 | 22 | 45 | 225 |
16 | Internazionale | Italy | 559 | 43 | 27 | 198 |
17 | West Ham United | England | 542 | 6 | 76 | 194 |
18 | Roma | Italy | 508 | 36 | N/A | 217 |
19 | Napoli | Italy | 396 | 0 | 12 | 151 |
20 | Newcastle United | England | 383 | 0 | 10 | 104 |
2015 rankings
As of 6 May 2015[6]
Rank | Team | Country | Value ($M)[5] | Debt as % of value[7] |
% change on year |
Revenue ($M) |
---|---|---|---|---|---|---|
1 | Real Madrid | Spain | 3,260 | 4 | -5 | 746 |
2 | Barcelona | Spain | 3,160 | 3 | -1 | 657 |
3 | Manchester United | England | 3,100 | 20 | 10 | 703 |
4 | Bayern Munich | Germany | 2,350 | 0 | 27 | 661 |
5 | Manchester City | England | 1,380 | 0 | 60 | 562 |
6 | Chelsea | England | 1,370 | 0 | 58 | 526 |
7 | Arsenal | England | 1,310 | 30 | -2 | 487 |
8 | Liverpool | England | 982 | 10 | 39 | 415 |
9 | Juventus | Italy | 837 | 9 | -2 | 379 |
10 | Milan | Italy | 775 | 44 | -9 | 339 |
11 | Borussia Dortmund | Germany | 700 | 6 | 17 | 355 |
12 | Paris Saint-Germain | France | 634 | 0 | 53 | 643 |
13 | Tottenham Hotspur | England | 600 | 9 | 17 | 293 |
14 | Schalke 04 | Germany | 572 | 0 | -1 | 290 |
15 | Internazionale | Italy | 439 | 56 | -9 | 222 |
16 | Atlético Madrid | Spain | 436 | 53 | 33 | 231 |
17 | Napoli | Italy | 353 | 0 | 19 | 224 |
18 | Newcastle United | England | 349 | 0 | N/A | 210 |
19 | West Ham United | England | 309 | 12 | N/A | 186 |
20 | Galatasaray | Turkey | 294 | 17 | -15 | 220 |
2014 rankings
As of 15 July 2014[8]
Rank | Team | Country | Value ($M)[5] | % change on year |
Revenue ($M) |
---|---|---|---|---|---|
1 | Real Madrid | Spain | 3,440 | 4 | 675 |
2 | Barcelona | Spain | 3,200 | 23 | 627 |
3 | Manchester United | England | 2,810 | -11 | 551 |
4 | Bayern Munich | Germany | 1,850 | 41 | 561 |
5 | Arsenal | England | 1,331 | 0 | 370 |
6 | Chelsea | England | 868 | -4 | 394 |
7 | Manchester City | England | 863 | 25 | 411 |
8 | Milan | Italy | 856 | -9 | 343 |
9 | Juventus | Italy | 850 | 22 | 354 |
10 | Liverpool | England | 704 | 8 | 313 |
11 | Borussia Dortmund | Germany | 599 | 31 | 333 |
12 | Schalke 04 | Germany | 580 | 16 | 258 |
13 | Tottenham Hotspur | England | 514 | -1 | 224 |
14 | Internazionale | Italy | 483 | 20 | 219 |
15 | Paris Saint-Germain | France | 415 | N/A | 518 |
16 | Galatasaray | Turkey | 347 | N/A | 204 |
17 | Atlético Madrid | Spain | 328 | 33 | 156 |
18 | Hamburger SV | Germany | 326 | 9 | 176 |
19 | Roma | Italy | 307 | 19 | 162 |
20 | Napoli | Italy | 296 | -10 | 156 |
2013 rankings
As of 17 April 2013[9]
Rank | Team | Country | Value ($M)[5] | % change on year |
Revenue ($M) |
---|---|---|---|---|---|
1 | Real Madrid | Spain | 3,300 | 76 | 650 |
2 | Manchester United | England | 3,165 | 61 | 502 |
3 | Barcelona | Spain | 2,600 | 99 | 613 |
4 | Arsenal | England | 1,326 | 3 | 368 |
5 | Bayern Munich | Germany | 1,309 | 6 | 468 |
6 | Milan | Italy | 945 | -4 | 326 |
7 | Chelsea | England | 901 | 18 | 409 |
8 | Juventus | Italy | 694 | 17 | 248 |
9 | Manchester City | England | 689 | 56 | 362 |
10 | Liverpool | England | 651 | 5 | 296 |
11 | Tottenham Hotspur | England | 520 | -8 | 226 |
12 | Schalke 04 | Germany | 498 | -15 | 221 |
13 | Borussia Dortmund | Germany | 436 | 11 | 240 |
14 | Internazionale | Italy | 401 | -18 | 236 |
15 | Lyon | France | 368 | -4 | 167 |
16 | Corinthians | Brazil | 358 | - | 119 |
17 | Napoli | Italy | 330 | 17 | 188 |
18 | Hamburger SV | Germany | 300 | -15 | 154 |
19 | Marseille | France | 285 | -18 | 167 |
20 | Newcastle United | England | 263 | 9 | 146 |
2012 rankings
As of 19 April 2012[10]
Rank | Team | Country | Value ($M)[5] | % change on year |
Revenue ($M) |
---|---|---|---|---|---|
1 | Manchester United | England | 1,965 | 5 | 532 |
2 | Real Madrid | Spain | 1,877 | 34 | 695 |
3 | Barcelona | Spain | 1,307 | 34 | 653 |
4 | Arsenal | England | 1,292 | 8 | 364 |
5 | Bayern Munich | Germany | 1,235 | 12 | 466 |
6 | Milan | Italy | 989 | 18 | 341 |
7 | Chelsea | England | 761 | 16 | 362 |
8 | Liverpool | England | 619 | 12 | 295 |
9 | Juventus | Italy | 591 | -6 | 223 |
10 | Schalke 04 | Germany | 587 | 56 | 293 |
11 | Tottenham Hotspur | England | 564 | 37 | 262 |
12 | Internazionale | Italy | 490 | 11 | 307 |
13 | Manchester City | England | 443 | 52 | 246 |
14 | Borussia Dortmund | Germany | 394 | 52 | 197 |
15 | Lyon | France | 385 | 8 | 193 |
16 | Hamburger SV | Germany | 355 | 4 | 187 |
17 | Roma | Italy | 354 | 38 | 208 |
18 | Marseille | France | 349 | 26 | 218 |
19 | Valencia | Spain | 288 | - | 186 |
20 | Napoli | Italy | 283 | - | 167 |
2011 rankings
As of 20 April 2011[11]
Rank | Team | Country | Value ($M)[5] | % change on year |
Revenue ($M) |
---|---|---|---|---|---|
1 | Manchester United | England | 1,864 | 1 | 428 |
2 | Real Madrid | Spain | 1,400 | 10 | 537 |
3 | Arsenal | England | 1,200 | 1 | 336 |
4 | Bayern Munich | Germany | 1,100 | 6 | 396 |
5 | Barcelona | Spain | 975 | -2 | 488 |
6 | Milan | Italy | 838 | 5 | 289 |
7 | Chelsea | England | 658 | 2 | 313 |
8 | Juventus | Italy | 628 | -4 | 251 |
9 | Liverpool | England | 552 | -33 | 276 |
10 | Internazionale | Italy | 441 | 7 | 275 |
11 | Tottenham Hotspur | England | 412 | 11 | 179 |
12 | Schalke 04 | Germany | 377 | -2 | 171 |
13 | Lyon | France | 358 | 8 | 179 |
14 | Hamburger SV | Germany | 340 | 3 | 179 |
15 | Manchester City | England | 291 | 13 | 153 |
16 | VfB Stuttgart | Germany | 281 | 0 | 141 |
17 | Werder Bremen | Germany | 279 | 2 | 147 |
18 | Marseille | France | 277 | 6 | 173 |
19 | Atlético Madrid | Spain | 275 | 6 | 153 |
20 | Borussia Dortmund | Germany | 260 | -1 | 124 |
2010 rankings
Rank | Team | Country | Value ($M)[5] | Debt as % of value[14] |
% change on year |
Revenue ($M) | Operating income ($m)[15] |
---|---|---|---|---|---|---|---|
1 | Manchester United | England | 1,835 | 46 | -2 | 459 | 150 |
2 | Real Madrid | Spain | 1,323 | 54 | -2 | 563 | 130 |
3 | Arsenal | England | 1,181 | 41 | -2 | 369 | 102 |
4 | Barcelona | Spain | 1,000 | 58 | 4 | 513 | 113 |
5 | Bayern Munich | Germany | 990 | 14 | -11 | 406 | 61 |
6 | Liverpool | England | 822 | 47 | -19 | 304 | 37 |
7 | Milan | Italy | 800 | 0 | -19 | 276 | 41 |
8 | Juventus | Italy | 656 | 3 | 9 | 285 | 57 |
9 | Chelsea | England | 646 | 8 | -19 | 340 | -73 |
10 | Internazionale | Italy | 413 | 0 | 12 | 276 | -14 |
11 | Schalke 04 | Germany | 384 | 50 | -25 | 175 | -7 |
12 | Tottenham Hotspur | England | 372 | 29 | -16 | 186 | 35 |
13 | Lyon | France | 333 | 10 | -21 | 196 | 5 |
14 | Hamburger SV | Germany | 329 | 0 | 0 | 206 | 41 |
15 | Roma | Italy | 308 | 0 | -19 | 205 | 25 |
16 | Werder Bremen | Germany | 274 | 0 | -6 | 161 | 24 |
17 | Marseille | France | 262 | 0 | 9 | 187 | 19 |
18 | Borussia Dortmund | Germany | 261 | 32 | -20 | 145 | 8 |
19 | Manchester City | England | 258 | 0 | -17 | 143 | -56 |
20 | Newcastle United | England | 198 | 8 | -30 | 142 | -49 |
2009 rankings
As of April 2009[16]
Rank | Team | Country | Value ($M)[5] | Debt as % of value[14] |
% change on year |
Revenue ($M) | Operating income ($m)[15] |
---|---|---|---|---|---|---|---|
1 | Manchester United | England | 1,870 | 54 | 4 | 512 | 160 |
2 | Real Madrid | Spain | 1,353 | 23 | 5 | 576 | 81 |
3 | Arsenal | England | 1,200 | 107 | 0 | 349 | 80 |
4 | Bayern Munich | Germany | 1,110 | 0 | 21 | 465 | 59 |
5 | Liverpool | England | 1,010 | 59 | -4 | 332 | 50 |
6 | Milan | Italy | 990 | 0 | 24 | 330 | 58 |
7 | Barcelona | Spain | 960 | 43 | 22 | 487 | 108 |
8 | Chelsea | England | 800 | 92 | 5 | 424 | -13 |
9 | Juventus | Italy | 600 | 5 | 18 | 264 | 46 |
10 | Schalke 04 | Germany | 510 | 38 | 9 | 234 | 41 |
11 | Tottenham Hotspur | England | 445 | 29 | 12 | 228 | 70 |
12 | Lyon | France | 423 | 18 | 4 | 245 | 94 |
13 | Roma | Italy | 381 | 9 | -12 | 276 | 69 |
14 | Internazionale | Italy | 370 | 77 | -8 | 272 | 27 |
15 | Hamburger SV | Germany | 330 | 0 | 13 | 202 | 44 |
16 | Borussia Dortmund | Germany | 325 | 33 | 1 | 183 | 9 |
17 | Manchester City | England | 310 | 0 | 62 | 164 | -16 |
18 | Werder Bremen | Germany | 292 | 0 | 12 | 177 | 27 |
19 | Newcastle United | England | 285 | 96 | -5 | 198 | -13 |
20 | VfB Stuttgart | Germany | 264 | 0 | not reported | 176 | 18 |
21 | Aston Villa | England | 240 | 10 | 26 | 150 | 1 |
21 | Marseille | France | 240 | 0 | 28 | 200 | 20 |
23 | Celtic | Scotland | 218 | 14 | -4 | 145 | 11 |
24 | Everton | England | 207 | 49 | 5 | 151 | 14 |
25 | Rangers | Scotland | 194 | 86 | not reported | 128 | 15 |
2008 rankings
As of April 2008[17]
Rank | Team | Country | Value ($M)[5] | Debt as %of value[14] |
% change on year |
Revenue ($M) | Operating income($m)[15] |
---|---|---|---|---|---|---|---|
1 | Manchester United | England | 1,800 | 60 | 24 | 394 | 111 |
2 | Real Madrid | Spain | 1,285 | 27 | 24 | 474 | 112 |
3 | Arsenal | England | 1,200 | 43 | 31 | 329 | 77 |
4 | Liverpool | England | 1,050 | 65 | 131 | 269 | 60 |
5 | Bayern Munich | Germany | 917 | 0 | 9 | 302 | 72 |
6 | Milan | Italy | 798 | 0 | -3 | 307 | 54 |
7 | Barcelona | Spain | 784 | 27 | 47 | 392 | 92 |
8 | Chelsea | England | 764 | 0 | 42 | 382 | -5 |
9 | Juventus | Italy | 510 | 5 | -10 | 196 | 35 |
10 | Schalke 04 | Germany | 470 | 48 | 0 | 154 | 36 |
11 | Roma | Italy | 434 | 12 | 94 | 213 | 48 |
12 | Tottenham Hotspur | England | 414 | 15 | 70 | 207 | 64 |
13 | Lyon | France | 408 | 7 | 19 | 190 | 15 |
14 | Internazionale | Italy | 403 | 0 | -27 | 207 | 21 |
15 | Borussia Dortmund | Germany | 323 | 57 | 63 | 122 | 31 |
16 | Newcastle United | England | 300 | 43 | 16 | 175 | 12 |
17 | Hamburger SV | Germany | 293 | 0 | 32 | 163 | 41 |
18 | Werder Bremen | Germany | 262 | 0 | n/a | 131 | 11 |
19 | Valencia | Spain | 254 | 159 | 31 | 145 | -45 |
20 | Celtic | Scotland | 227 | 11 | 23 | 151 | 48 |
21 | Everton | England | 197 | 30 | 24 | 103 | -1 |
22 | West Ham United | England | 195 | 23 | 25 | 115 | -22 |
23 | Manchester City | England | 191 | 63 | -8 | 114 | 27 |
24 | Aston Villa | England | 190 | 12 | 36 | 106 | -40 |
25 | Marseille | France | 187 | 0 | 19 | 134 | 13 |
- Manchester United increased from $1.2 billion to $1.8 billion still remaining at top. While Real Madrid remains second due to an increase of $400 million. Arsenal also remain third after an approximate increase of $350 million.
2007 rankings
This is the list released in March 2007.[18]
# | Team | Country | Value ($M)[5] | Debt as %of value[14] |
% change on year |
Revenue ($M) | Operating income($m)[15] |
---|---|---|---|---|---|---|---|
1 | Manchester United | England | 1,453 | 84 | 6 | 310 | 92 |
2 | Real Madrid | Spain | 1,036 | 10 | 2 | 000 | 83 |
3 | Arsenal | England | 915 | 53 | 9 | 246 | 20 |
4 | Bayern Munich | Germany | 838 | 0 | 9 | 262 | 62 |
5 | Milan | Italy | 824 | 0 | -10 | 305 | 46 |
6 | Juventus | Italy | 567 | 17 | -18 | 321 | 45 |
7 | Internazionale | Italy | 555 | n/a | 10 | 264 | 26 |
8 | Liverpool | England | 537 | 28 | 6 | 283 | -37 |
9 | Barcelona | Spain | 503 | 12 | 22 | 331 | 12 |
10 | Schalke 04 | Germany | 471 | 53 | 45 | 157 | 37 |
11 | Chelsea | England | 454 | 18 | 28 | 225 | 37 |
12 | Lyon | France | 343 | n/a | 65 | 163 | 10 |
13 | Newcastle United | England | 260 | 46 | -14 | 159 | 11 |
14 | Tottenham Hotspur | England | 243 | 0 | 27 | 137 | 9 |
15 | Roma | Italy | 224 | 0 | -15 | 162 | 53 |
16 | Hamburger SV | Germany | 221 | n/a | n/a | 130 | 31 |
17 | Manchester City | England | 208 | 83 | -6 | 114 | 9 |
18 | Borussia Dortmund | Germany | 199 | 126 | 61 | 114 | 1 |
19 | Ajax | Netherlands | 196 | 0 | 13 | 95 | 9 |
20 | Celtic | Scotland | 185 | 14 | 18 | 106 | -8 |
21 | Everton | England | 165 | 32 | 34 | 107 | -15 |
22 | Marseille | France | 157 | n/a | n/a | 105 | 6 |
23 | West Ham United | England | 156 | 27 | n/a | 111 | 6 |
24 | Rangers | Scotland | 147 | 7 | 32 | 113 | 12 |
25 | Aston Villa | England | 140 | 16 | 16 | 91 | -21 |
See also
- Deloitte Football Money League
- Forbes' list of the most valuable sports teams
- List of the most valuable football clubs in the Americas
- List of professional sports leagues by revenue
References
- ^ "The Business of Soccer - Full List". Forbes. Retrieved 27 June 2020.
- ^ Ozanian, Mike. "The World's Most Valuable Soccer Teams 2018". Forbes. Retrieved 25 March 2019.
- ^ a b "The business of Soccer". Forbes. Retrieved 23 May 2015.
- ^ Nick DeSantis (11 May 2016). "The 20 Most Valuable Soccer Teams Of 2016, Visualized". Forbes.
- ^ a b c d e f g h i j Estimated by Forbes based on past transactions, market value, debt, and stadium.
- ^ Mike Ozanian (6 May 2015). "Real Madrid Tops Ranking Of The World's Most Valuable Soccer Teams". Forbes. Forbes, Inc. Retrieved 6 May 2015.
- ^ "The business of Soccer". Forbes. Retrieved 23 May 2015.
- ^ Mike Ozanian (7 May 2014). "The World's Most Valuable Soccer Teams". Forbes. Forbes. Retrieved 8 May 2014.
- ^ Mike Ozanian (2 March 2014). "Soccer's Most Valuable Teams: At $3.3 Billion, Real Madrid Knocks Manchester United From Top Spot". Forbes. Forbes. Retrieved 2 March 2014.
- ^ Dan Bigman (19 April 2012). "The World's Most Valuable Soccer Teams". Forbes. Forbes. Retrieved 20 April 2012.
- ^ Dan Bigman (20 April 2011). "The World's Most Valuable Soccer Teams". Forbes. Forbes. Retrieved 29 May 2011.
- ^ "The Business Of Soccer". Forbes.com. 21 April 2010. Retrieved 4 May 2013.
- ^ "2010 Soccer Team Valuations". Forbes.com. 30 June 2009. Retrieved 4 May 2013.
- ^ a b c d Includes stadium debt
- ^ a b c d Revenue before interest, taxes, depreciation, and amortization.
- ^ "2009 Soccer Team Valuations". Forbes.com. Retrieved 4 May 2013.
- ^ "2008 Soccer Team Valuations". Forbes.com. 30 June 2007. Retrieved 4 May 2013.
- ^ "Soccer Team Valuations - Forbes.com". www.forbes.com. Retrieved 17 January 2020.