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Real Madrid have been named the most valuable club in world football, with Barcelona overtaking Manchester United to move into second place.

In Forbes' annual list, external, Real Madrid have been valued at $9.5bn (£7.06bn), up from £6.75bn (£5.02bn) a year ago, with Barcelona second at $7.5bn (£5.57bn) and Manchester United third at $7.2bn (£5.35bn).

United's revenue was $865m (£643m) for the 2024-25 season, a campaign in which they finished 15th in the Premier League and lost in the Europa League final.

The Premier League has six teams in the top 10 and 11 in the top 30.

Liverpool, who won the English title in the 2024-25 season, remain fourth with a value of $6.2bn (£4.61bn) while Manchester City drop from fifth to seventh at $5.5bn (£4.09bn).

Bayern Munich stay sixth ($5.7bn, £4.24bn) but 2024-25 European champions Paris St-Germain ($5.8bn, £4.31bn) move up from seventh to fifth.

Arsenal ($5.4bn, £4.01bn) are eighth, with Chelsea ($4.2bn, £3.12bn) ninth and Tottenham ($3bn, £2.23bn) 10th.

However, the Gunners could well move up the list next year as they have won the Premier League for the first time in 22 years and play PSG in the Champions League final on Saturday.

Despite Real Madrid and Barcelona taking the top two spots, the only other La Liga club in the top 30 is Atletico Madrid in 11th.

With 11 sides in the top 30, the Premier League is the most represented competition. There are also seven Major League Soccer teams in the list, as well as four from Italy's Serie A, three from the German Bundesliga and one apiece from France's Ligue 1 and Portugal's Primeira Liga.

On average, the 30 teams are worth $2.9bn (£2.15bn), a 21% increase from 2025's record $2.4bn (£1.78bn).

The other Premier League sides in the top 30 are Aston Villa ($1.4bn, £1.04bn) in 16th, Newcastle United ($1.25bn, £935m) in 19th, Everton ($930m, £692m) in 25th, Fulham ($920m, £685m) in 26th and Brighton ($910m, £678m) in 27th.

Angelfrost:
That makes sense... Still surprised to find Spurs in 10th position.

Kalulu44:
Forget o, Spurs has money o. That's why it would have been a major news if they had relegated.

360degreess:
Lie lie people .every year no changes

dibunotion:
No camel league clubs with all the big spending.
MLS is bigger than Saudi league

Angelfrost:
That makes sense... Still surprised to find Spurs in 10th position.

Angelfrost:
That makes sense... Still surprised to find Spurs in 10th position.

HacheNoire:
Hala Madrid!

They are far off!

Same way His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) is far off from the minions called political opponents.

IbnB:
It ain't too late to pivot and do something meaningful with your life, bro

IsraeliAIRFORCE:
Real Madrid and Barcelona are exploring the advantages of independently selling their TV rights, which provides them with significant financial benefits at the expense of other Spanish leagues. Other Spanish leagues could have greatly benefited from a more equitable distribution of TV revenue, similar to what is implemented in the English football leagues.

Lamasta:
Madrid occupying this spot almost every year there needs to be a change

Barcelona that don't have money to sign players is second most valuable club, this is laughable

lagonovo:
In English league rank, Arsenal should overtake Man City next year but no one is catching Man United anytime soon. That opportunity provided in most of the past 13 years is lost, the base is too solid.

Lamasta:
Madrid occupying this spot almost every year there needs to be a change

Barcelona that don't have money to sign players is second most valuable club, this is laughable