Forbes' list of the most valuable football clubs

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This is a list of the richest football clubs in the world as ranked by Forbes magazine on their worth in United States dollars.

Current ranking

Rankings as of 11 May 2016.[1]

Rank Team Country Value ($M)[2] Debt as
% of value[3]
% change
on year
Revenue ($M)
1 Real Madrid Spain Spain 3,650 0 0 694
2 FC Bayern Munich Germany Germany 3,560 0 0 675
3 Manchester United England England 3,320 0 0 625
4 FC Barcelona Spain Spain 2,680 0 0 570
5 Arsenal England England 2,020 0 0 524
6 Manchester City England England 1,920 0 0 558
7 Chelsea England England 1,660 0 0 505
8 Liverpool England England 1,550 0 0 471
9 Juventus Italy Italy 1,300 0 0 390
10 Tottenham Hotspur England England 1,020 0 0 310
11 Borussia Dortmund Germany Germany 836 0 0 338
12 Milan Italy Italy 825 0 0 240
13 Paris Saint-Germain France France 814 0 0 578
14 Schalke 04 Germany Germany 655 0 0 578
15 Atlético Madrid Spain Spain 633 0 0 225
16 Internazionale Italy Italy 559 0 0 198
17 West Ham United England England 542 0 0 194
18 Roma Italy Italy 508 0 0 217
19 Napoli Italy Italy 396 0 0 151
20 Newcastle United England England 383 0 0 204

Historical rankings

2015 rankings

Rankings as of 6 May 2015.[4]

Rank Team Country Value ($M)[2] Debt as
% of value[5]
% change
on year
Revenue ($M)
1 Real Madrid Spain Spain 3,260 4 -5 746
2 Barcelona Spain Spain 3,160 3 -1 657
3 Manchester United England England 3,100 20 10 703
4 Bayern Munich Germany Germany 2,350 0 27 661
5 Manchester City England England 1,380 0 60 562
6 Chelsea England England 1,370 0 58 526
7 Arsenal England England 1,310 30 -2 487
8 Liverpool England England 982 10 39 415
9 Juventus Italy Italy 837 9 -2 379
10 Milan Italy Italy 775 44 -9 339
11 Borussia Dortmund Germany Germany 700 6 17 355
12 Paris Saint-Germain France France 634 0 53 643
13 Tottenham Hotspur England England 600 9 17 293
14 Schalke 04 Germany Germany 572 0 -1 290
15 Internazionale Italy Italy 439 56 -9 222
16 Atlético Madrid Spain Spain 436 53 33 231
17 Napoli Italy Italy 353 0 19 224
18 Newcastle United England England 349 0 N/A 210
19 West Ham United England England 309 12 N/A 186
20 Galatasaray Turkey Turkey 294 17 -15 220

2014 rankings

Rankings as of 15 July 2014.[6]

Rank Team Country Value ($M)[2] % change
on year
Revenue ($M)
1 Real Madrid Spain Spain 3,440 4 675
2 Barcelona Spain Spain 3,200 23 627
3 Manchester United England England 2,810 -11 551
4 Bayern Munich Germany Germany 1,850 41 561
5 Arsenal England England 1,331 0 370
6 Chelsea England England 868 -4 394
7 Manchester City England England 863 25 411
8 Milan Italy Italy 856 -9 343
9 Juventus Italy Italy 850 22 354
10 Liverpool England England 704 8 313
11 Borussia Dortmund Germany Germany 599 31 333
12 Schalke 04 Germany Germany 580 16 258
13 Tottenham Hotspur England England 514 -1 224
14 Internazionale Italy Italy 483 20 219
15 Paris Saint-Germain France France 415 N/A 518
16 Galatasaray Turkey Turkey 347 N/A 204
17 Atlético Madrid Spain Spain 328 33 156
18 Hamburg Germany Germany 326 9 176
19 Roma Italy Italy 307 19 162
20 Napoli Italy Italy 296 -10 156

2013 rankings

Rankings as of 17 April 2013.[7]

Rank Team Country Value ($M)[2] % change
on year
Revenue ($M)
1 Real Madrid Spain Spain 3,300 76 650
2 Manchester United England England 3,165 61 502
3 Barcelona Spain Spain 2,600 99 613
4 Arsenal England England 1,326 3 368
5 Bayern Munich Germany Germany 1,309 6 468
6 Milan Italy Italy 945 -4 326
7 Chelsea England England 901 18 409
8 Juventus Italy Italy 694 17 248
9 Manchester City England England 689 56 362
10 Liverpool England England 651 5 296
11 Tottenham Hotspur England England 520 -8 226
12 Schalke 04 Germany Germany 498 -15 221
13 Borussia Dortmund Germany Germany 436 11 240
14 Internazionale Italy Italy 401 -18 236
15 Lyon France France 368 -4 167
16 Corinthians Brazil Brazil 358 - 119
17 Napoli Italy Italy 330 17 188
18 Hamburg Germany Germany 300 -15 154
19 Marseille France France 285 -18 167
20 Newcastle United England England 263 9 146

2012 rankings

Rankings as of 19 April 2012.[8]

Rank Team Country Value ($M)[2] % change
on year
Revenue ($M)
1 Manchester United England England 1,965 5 532
2 Real Madrid Spain Spain 1,877 34 695
3 Barcelona Spain Spain 1,307 34 653
4 Arsenal England England 1,292 8 364
5 Bayern Munich Germany Germany 1,235 12 466
6 Milan Italy Italy 989 18 341
7 Chelsea England England 761 16 362
8 Liverpool England England 619 12 295
9 Juventus Italy Italy 591 -6 223
10 Schalke 04 Germany Germany 587 56 293
11 Tottenham Hotspur England England 564 37 262
12 Internazionale Italy Italy 490 11 307
13 Manchester City England England 443 52 246
14 Borussia Dortmund Germany Germany 394 52 197
15 Lyon France France 385 8 193
16 Hamburg Germany Germany 355 4 187
17 Roma Italy Italy 354 38 208
18 Marseille France France 349 26 218
19 Valencia Spain Spain 288 - 186
20 Napoli Italy Italy 283 - 167

2011 rankings

Rankings as of 20 April 2011.[9]

Rank Team Country Value ($M)[2] % change
on year
Revenue ($M)
1 Manchester United England England 1,864 1 428
2 Real Madrid Spain Spain 1,400 10 537
3 Arsenal England England 1,200 1 336
4 Bayern Munich Germany Germany 1,100 6 396
5 Barcelona Spain Spain 975 -2 488
6 Milan Italy Italy 838 5 289
7 Chelsea England England 658 2 313
8 Juventus Italy Italy 628 -4 251
9 Liverpool England England 552 -33 276
10 Internazionale Italy Italy 441 7 275
11 Tottenham Hotspur England England 412 11 179
12 Schalke Germany Germany 377 -2 171
13 Lyon France France 358 8 179
14 Hamburg Germany Germany 340 3 179
15 Manchester City England England 291 13 153
16 Stuttgart Germany Germany 281 0 141
17 Werder Bremen Germany Germany 279 2 147
18 Marseille France France 277 6 173
19 Atlético Madrid Spain Spain 275 6 153
20 Borussia Dortmund Germany Germany 260 -1 124

2010 rankings

Rankings as of April 2010.[10][11]

Rank Team Country Value ($M)[2] Debt as
% of value[12]
% change
on year
Revenue ($M) Operating
income ($m)[13]
1 Manchester United England England 1,835 46 -2 459 150
2 Real Madrid Spain Spain 1,323 54 -2 563 130
3 Arsenal England England 1,181 41 -2 369 102
4 Barcelona Spain Spain 1,000 58 4 513 113
5 Bayern Munich Germany Germany 990 14 -11 406 61
6 Liverpool England England 822 47 -19 304 37
7 Milan Italy Italy 800 0 -19 276 41
8 Juventus Italy Italy 656 3 9 285 57
9 Chelsea England England 646 8 -19 340 -73
10 Internazionale Italy Italy 413 0 12 276 -14
11 Schalke Germany Germany 384 50 -25 175 -7
12 Tottenham Hotspur England England 372 29 -16 186 35
13 Lyon France France 333 10 -21 196 5
14 Hamburg Germany Germany 329 0 0 206 41
15 Roma Italy Italy 308 0 -19 205 25
16 Werder Bremen Germany Germany 274 0 -6 161 24
17 Marseille France France 262 0 9 187 19
18 Borussia Dortmund Germany Germany 261 32 -20 145 8
19 Manchester City England England 258 0 -17 143 -56
20 Newcastle United England England 198 8 -30 142 -49

2009 rankings

Rankings as of April 2009.[14]

Rank Team Country Value ($M)[2] Debt as
% of value[12]
% change
on year
Revenue ($M) Operating
income ($m)[13]
1 Manchester United England England 1,870 54 4 512 160
2 Real Madrid Spain Spain 1,353 23 5 576 81
3 Arsenal England England 1,200 107 0 349 80
4 Bayern Munich Germany Germany 1,110 0 21 465 59
5 Liverpool England England 1,010 59 -4 332 50
6 Milan Italy Italy 990 0 24 330 58
7 Barcelona Spain Spain 960 43 22 487 108
8 Chelsea England England 800 92 5 424 -13
9 Juventus Italy Italy 600 5 18 264 46
10 Schalke Germany Germany 510 38 9 234 41
11 Tottenham Hotspur England England 445 29 12 228 70
12 Lyon France France 423 18 4 245 94
13 Roma Italy Italy 381 9 -12 276 69
14 Internazionale Italy Italy 370 77 -8 272 27
15 Hamburg Germany Germany 330 0 13 202 44
16 Borussia Dortmund Germany Germany 325 33 1 183 9
17 Manchester City England England 310 0 62 164 -16
18 Werder Bremen Germany Germany 292 0 12 177 27
19 Newcastle United England England 285 96 -5 198 -13
20 Stuttgart Germany Germany 264 0 not reported 176 18
21 Aston Villa England England 240 10 26 150 1
21 Marseille France France 240 0 28 200 20
23 Celtic Scotland Scotland 218 14 -4 145 11
24 Everton England England 207 49 5 151 14
25 Rangers Scotland Scotland 194 86 not reported 128 15

2008 rankings

This is the April 2008 list.[15]

Rank Team Country Value ($M)[2] Debt as
%of value[12]
% change
on year
Revenue ($M) Operating
income($m)[13]
1 Manchester United England England 1,800 60 24 394 111
2 Real Madrid Spain Spain 1,285 27 24 474 112
3 Arsenal England England 1,200 43 31 329 77
4 Liverpool England England 1,050 65 131 269 60
5 Bayern Munich Germany Germany 917 0 9 302 72
6 Milan Italy Italy 798 0 -3 307 54
7 Barcelona Spain Spain 784 27 47 392 92
8 Chelsea England England 764 0 42 382 -5
9 Juventus Italy Italy 510 5 -10 196 35
10 Schalke Germany Germany 470 48 0 154 36
11 Roma Italy Italy 434 12 94 213 48
12 Tottenham Hotspur England England 414 15 70 207 64
13 Lyon France France 408 7 19 190 15
14 Internazionale Italy Italy 403 0 -27 207 21
15 Borussia Dortmund Germany Germany 323 57 63 122 31
16 Newcastle United England England 300 43 16 175 12
17 Hamburg Germany Germany 293 0 32 163 41
18 Werder Bremen Germany Germany 262 0 n/a 131 11
19 Valencia Spain Spain 254 159 31 145 -45
20 Celtic Scotland Scotland 227 11 23 151 48
21 Everton England England 197 30 24 103 -1
22 West Ham United England England 195 23 25 115 -22
23 Manchester City England England 191 63 -8 114 27
24 Aston Villa England England 190 12 36 106 -40
25 Marseille France 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.

# Team Country Value ($M)[2] Debt as
%of value[12]
% change
on year
Revenue ($M) Operating
income($m)[13]
1 Manchester United England England 1,453 84 6 310 92
2 Real Madrid Spain Spain 1,036 10 2 000 83
3 Arsenal England England 915 53 9 246 20
4 Bayern Munich Germany Germany 838 0 9 262 62
5 Milan Italy Italy 824 0 -10 305 46
6 Juventus Italy Italy 567 17 -18 321 45
7 Internazionale Italy Italy 555 n/a 10 264 26
8 Chelsea England England 537 28 6 283 -37
9 Barcelona Spain Spain 535 12 22 331 12
10 Schalke Germany Germany 471 53 45 157 37
11 Liverpool England England 454 18 28 225 37
12 Lyon France France 343 n/a 65 163 10
13 Newcastle United England England 260 46 -14 159 11
14 Tottenham Hotspur England England 243 0 27 137 9
15 Roma Italy Italy 224 0 -15 162 53
16 Hamburg Germany Germany 221 n/a n/a 130 31
17 Manchester City England England 208 83 -6 114 9
18 Borussia Dortmund Germany Germany 199 126 61 114 1
19 Ajax Netherlands Netherlands 196 0 13 95 9
20 Celtic Scotland Scotland 185 14 18 106 -8
21 Everton England England 165 32 34 107 -15
22 Marseille France France 157 n/a n/a 105 6
23 West Ham United England England 156 27 n/a 111 6
24 Rangers Scotland Scotland 147 7 32 113 12
25 Aston Villa England England 140 16 16 91 -21

See also

References

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  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 Estimated by Forbes based on past transactions, market value, debt, and stadium.
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  12. 12.0 12.1 12.2 12.3 Includes stadium debt
  13. 13.0 13.1 13.2 13.3 Revenue before interest, taxes, depreciation, and amortization.
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