Forbes football valuation top 30: Real Madrid and Manchester United top two in the gap, Barcelona 3 Liverpool 4 Manchester City 5 Bayern 6

The 2024/25 season is about to end, Forbes updated the valuation list of football clubs in 2025. Real Madrid has been ranked third for the 9th consecutive year, in the past 12 years, with Manchester United following behind, and Barcelona lagging behind these two clubs for about $1 billion.

According to Forbes, their valuation of the club is based on corporate value (equity plus net debt), reference historical transactions and the future economic prospects of each league and team. The 30 most valuable football teams totaled more than $72 billion, with an average of $2.4 billion each, a 5% increase from the record $2.26 billion in 2024. The list includes 12 Premier League teams, 4 Serie A teams, 3 La Liga teams, 2 Bundesliga teams and 1 Ligue 1 team. There are also eight teams from the Major League Soccer (MLS), but the highest ranking Los Angeles FC ranked only 15th with a valuation of $1.25 billion.

Forbes 2025 Football Club Valuation Top 30

$6.75 billion

Real Madrid

Annual Change: 2% | League: La Liga | Owner: Club Members | Revenue: US$1.129 billion

$26.66 billion

Manchester United

Annual Change: 1% | League: Premier League | Owner: Glazer Family, Jim Ratcliff | Revenue: US$834 million

3}$5.65 billion

Barcelona

Annual Change: 1% | League: La Liga | Owner: Club Members | Revenue: $821 million

#454 million

Liverpool

Annual Change: 1% | League: Premier League | Owner: John Henry, Tom Warner | Revenue: $773 million

#553 million

Manchester City

Annual Change: 4% | League: Premier League | Owner: Sheikh Mansour bin Zayed Al Nahyan | Revenue: $901 million

651 million

Bayern Munich

Annual Change: 2% | League: Bundesliga | Owner: Club Member | Revenue: US$827 million

#746 million

Paris Saint-Germain

Annual Change: 5% | League: Ligue 1 | Owner: Qatar Sports Investment | Revenue: US$870 million

#834 million

Arsenal

Annual Change: 31% | League: Premier League | Owner: Stanley Kroenke | Revenue: US$771 million

933 million

Tottenham Hotspur

Annual Change: 3% | League: Premier League | Owner: Joseph Lewis Family Trust, Daniel Levi | Revenue: $666 million

#10. $3.25 billion

Chelsea

Annual Change: 4% | League: Premier League | Owner: Todd Boley, Clearlake Capital | Revenue: $591 million

11. $2.15 billion

Juventus

Annual Change: 5% | League: Serie A | Owner: Agnelli Family | Revenue: $389 million

2.205 billion

Dortmund

Annual Change: 4% | League: Bundesliga | Owner: Bernd Gsk, Evonik Industries | Revenue: US$555 million

#1317 million

Atletic Madrid

Annual change: 6% | League: La Liga | Owner: Miguel Gill, Enrique Serezo, Ares Management, Idan Over | Revenue: US$442 million

$1415 million

AC Milan

Annual change: 5% | League: Serie A | Owner: Redbird Capital | Revenue: US$433 million

$151.25 billion

Los Angeles FC

Annual change: 4% | League: MLS | Owners: Bennett Rosenthal, Brandon Baker, Larry Berger, Peter Guber | Revenue: $150 million

#1612 billion

Miami International

Annual Change: 17% | League: MLS | Owners: Jorge Maas, Jose Maas, David Beckham | Revenue: $180 million

#17. $1.15 billion

Inter Milan

Annual Change: 15% | League: Serie A | Owners: Oak Capital Management | Revenue: $430 million

$18. $1.125 billion

West Ham United

Annual Change: 2% | League: Premier League | Owner: David Sullivan, 1890s Holdings, David Gold Family Trust | Revenue: $349 million

#1911 million

Newcastle United

Annual Change: 38% | League: Premier League | Owner: Saudi Arabia Public Investment Fund | Revenue: $403 million

$20.1 billion

Galaxy

Annual Change: 5% | League: MLS | Owner: Philip Anschutz | Revenue: $95 million

$975 million

Atlanta United

Annual Change: 8% | League: MLS | Owner: Arthur Blank | Revenue: $105 million

$229 million

Aston Villa

Annual Change: 13% | League: Premier League | Owner: Wes Edens, Nassev Savilis | Revenue: $343 million

$875 million

New York City FC

Annual Change: 3% | League: MLS | Owner: Sheikh Mansour bin Zayed Al Nahyan, Stanbrenner Family | Revenue: $78 million

$24.86 million

Brighton

Annual Change: 18% | League: Premier League | Owner: Tony Bloom | Revenue: $280 million

#25.85 million

Fulham

Annual Change: 8% | League: Premier League | Owner: Shad Khan | Revenue: $229 million

$825 million

Austin FC

Annual Change: 10% | League: MLS | Owner: Anthony Precott, Eddie Malgain | Revenue: $90 million

#27.810 million

Rome

Annual Change: Not on the list in 2024 | League: Serie A | Owner: Friedkin Group | Revenue: $273 million

#2880 million

Seattle Bayer

Annual Change: 2% | League: MLS | Owner: Adrian Hanauer | Revenue: $83 million

$29.79 million

Crystal Palace

Annual Change: 1% | League: Premier League | Owner: Eagle Football, Josh Harris, David Blitzer, Steve Parish | Revenue: $221 million

30.785 million

Washington United

Annual Change: 1% | League: MLS | Owner: Jason Levien, Steven Kaplan | Income: $90 million