The ten most valuable soccer clubs in the world, ranked by Forbes' 2026 valuations — led by Real Madrid at $9.5 billion, a $2 billion lead over Barcelona.
Real Madrid is the most valuable soccer team in the world, at $9.5 billion. Barcelona is second at $7.5 billion and Manchester United third at $7.2 billion. The ranking uses enterprise value, equity plus net debt, as reported in Forbes' 2026 ranking of the most valuable soccer teams, published May 29, 2026 and based on 2024-25 season revenue.
Forbes' annual ranking of the world's most valuable soccer teams reflects the growing financial power of the sport's elite clubs. Real Madrid holds the top spot for the fifth consecutive year at $9.5 billion, on $1.27 billion of revenue in the 2024-25 season. Barcelona is second at $7.5 billion and Manchester United third at $7.2 billion, with the Premier League contributing six of the top ten. This list reproduces the top ten of Forbes' 2026 ranking, published May 29, 2026. Every value, revenue figure and year-on-year change below comes from that one edition.
The world's most valuable soccer team for the fifth straight year, Real Madrid is valued at $9.5 billion, up 41% on 2025. Its $1.27 billion in 2024-25 revenue, up 12%, is a record for a soccer club in Forbes' accounting, helped by the renovated Santiago Bernabéu.
Barcelona climbs from third to second at $7.5 billion, up 33%. Its $1.06 billion in 2024-25 revenue makes it the only club other than Real Madrid to pass $1 billion excluding player trading, per Forbes.
Manchester United slips from second to third at $7.2 billion, up 9%, on $865 million of 2024-25 revenue. Its global commercial brand keeps it among the top three despite weak recent league finishes.
Liverpool holds fourth at $6.2 billion, up 15%, after winning the 2024-25 Premier League title. Forbes puts its 2024-25 revenue at $911 million.
PSG rises from seventh to fifth at $5.8 billion, up 26%, on $912 million of revenue. It is the only French club in Forbes' 2026 top 30.
Bayern Munich, Germany's most valuable club, holds sixth at $5.7 billion, up 12%. Its $938 million in 2024-25 revenue is the highest in the top ten after the two Spanish giants.
Manchester City drops from fifth to seventh at $5.5 billion, up just 4%, the smallest gain among the top-ten clubs whose value rose, on $900 million of revenue.
Arsenal stays eighth but posts the biggest jump in the top ten, up 59% to $5.4 billion, on $895 million of 2024-25 revenue.
Chelsea moves from tenth to ninth at $4.2 billion, up 29%. Its $637 million in revenue is the lowest in the top ten.
Tottenham falls from ninth to tenth at $3.0 billion and is the only top-ten club whose value fell, down 9%. It narrowly avoided relegation in 2025-26, finishing 17th.
| # | Name | League | Revenue (2024-25) | Value change vs 2025 | Stadium |
|---|---|---|---|---|---|
| 1 | Real Madrid | La Liga (Spain) | $1,265 million | +41% | Santiago Bernabéu |
| 2 | Barcelona | La Liga (Spain) | $1,063 million | +33% | Camp Nou |
| 3 | Manchester United | Premier League (England) | $865 million | +9% | Old Trafford |
| 4 | Liverpool | Premier League (England) | $911 million | +15% | Anfield |
| 5 | Paris Saint-Germain | Ligue 1 (France) | $912 million | +26% | Parc des Princes |
| 6 | Bayern Munich | Bundesliga (Germany) | $938 million | +12% | Allianz Arena |
| 7 | Manchester City | Premier League (England) | $900 million | +4% | Etihad Stadium |
| 8 | Arsenal | Premier League (England) | $895 million | +59% | Emirates Stadium |
| 9 | Chelsea | Premier League (England) | $637 million | +29% | Stamford Bridge |
| 10 | Tottenham Hotspur | Premier League (England) | $733 million | -9% | Tottenham Hotspur Stadium |
Teams are ranked by enterprise value (equity plus net debt) in US dollars, exactly as reported in Forbes' 2026 ranking of the world's most valuable soccer teams, published May 29, 2026. Forbes bases its valuations on 2024-25 season revenue (excluding player trading), operating income, stadium economics and debt. Revenue and percentage change are the figures Forbes published alongside each value. No figures from other editions or other valuers (such as Sportico) are mixed in. Rank 1 is the most valuable.
Forbes reports enterprise value (equity plus net debt). Its 2026 valuations draw on each club's 2024-25 revenue excluding player trading, operating income, stadium economics and debt.
Real Madrid's $9.5 billion valuation rests on record revenue of $1.27 billion in 2024-25, up 12% and helped by the renovated Santiago Bernabéu. Its value rose 41% in a year, opening a $2 billion lead over Barcelona.
Six of Forbes' top ten are English: Manchester United, Liverpool, Manchester City, Arsenal, Chelsea and Tottenham. The Premier League's large broadcast and commercial income supports high revenues, and Forbes counts 11 English clubs in its top 30.
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