View from the terraces

Top ten most valuable football clubs in the world in 2022

Real Madrid top Forbes’s football rich list ahead of Barcelona and Man Utd

Real Madrid will go into the Uefa Champions League final as Europe’s most successful club with 13 titles – and now they are also top of the league in world football’s rich list. 

According to Forbes’s 2022 study of the world’s most valuable football clubs, the Spanish champions reclaimed their No.1 spot with a $5.1bn (£4bn) valuation. This is 7% more than last year and puts “Los Blancos” ahead of FC Barcelona, Manchester United and Liverpool, their Champions League final opponents. 

According to the Forbes methodology, the operating income listed is for the 2020-2021 season. “Team values are enterprise values (equity plus net debt) and include the economics of the team’s stadium (but exclude the value of the real estate itself), based on comparable transactions,” the magazine said. “Sources include team annual reports and documents, team executives, credit rating agency reports, sports bankers and Deloitte Football Money League.”

Here we take a look at which clubs make up the top ten. 

1

La Liga, Spain

Karim Benzema scored Real Madrid’s winner against Chelsea 

Karim Benzema scoring for Real Madrid against Chelsea 

Alvaro Medranda/Eurasia Sport Images/Getty Images

Real Madrid: $5.1bn (£4bn) 

The 13-time European champions last held the top spot in 2019, Forbes reported. Real Madrid have now been the most valuable football team in six of the 18 rankings published by the magazine. Owned by club members, Real had an operating income of $90m in 2020-21 and their $5.1bn valuation is a 7% one-year change. Real are the sixth most valuable sports team in the world behind the Dallas Cowboys, New York Yankees, New York Knicks, Golden State Warriors and Los Angeles Lakers. They will earn more than $100m from their run to the Champions League final. 

2

La Liga, Spain

There was a world record attendance for the women’s match between Barcelona and Real Madrid at the Camp Nou 

There was a record attendance for the women’s match between Barcelona and Real Madrid at the Camp Nou 

Joan Valls/Urbanandsport /NurPhoto via Getty Images

FC Barcelona: $5.1bn (£4bn) 

The Catalan giants are the second most valuable football club and are tied with the NFL’s New England Patriots as the seventh most valuable team in any sport, Forbes said. Owned by club members, Barcelona had an operating income of $17m and their $5.1bn valuation is a 5% one-year change. 

3

Premier League, England

Erik ten Hag has been appointed as new manager of Man Utd

Erik ten Hag has been appointed as new manager of Man Utd

Geert van Erven/BSR Agency/Getty Images

Manchester United: $4.6bn (£3.65bn)

Man Utd have taken the top spot 11 times, most recently in 2018, Forbes said. Owned by the Glazer family, the Red Devils had an operating income of $128m and their $4.6bn valuation is a 10% one-year change. 

4

Premier League, England

Liverpool boss Jürgen Klopp

Liverpool boss Jürgen Klopp

Marc Atkins/Getty Images

Liverpool: $4.45bn (£3.53bn)

Owned by the Fenway Sports Group, Liverpool had an operating income of $104m and their $4.45bn valuation is a 9% one-year change. The Reds have been boosted by “impressive matchday revenue and on-pitch performances”, said the Daily Mail

5

Bundesliga, Germany

Bayern beat PSG in the 2020 Uefa Champions League final

Bayern beat PSG in the 2020 Uefa Champions League final

Getty Images

Bayern Munich: $4.275bn (£3.4bn)

Bayern are another club owned by members. The German champions had an operating income of $102m – their $4.275bn valuation is a 1% one-year change.

6

Premier League, England

Man City won the 2021-2022 Premier League title

Man City won the 2021-2022 Premier League title

Stu Forster/Getty Images

Manchester City: $4.25bn (£3.37bn)

It’s been a good season on the pitch for Pep Guardiola’s Man City, who defended their Premier League title by finishing just one point ahead of English rivals Liverpool. Off the pitch last year City had an operating income of $156m and their $4.25bn valuation is a 6% one-year change. 

7

Ligue 1, France

PSG president Nasser Al-Khelaifi and Lionel Messi

PSG president Nasser Al-Khelaifi and Lionel Messi

Stephane De Sakutin/AFP via Getty Images

Paris Saint-Germain: $3.2bn (£2.54bn)

Big-spending PSG can boast the likes of Kylian Mbappe, Neymar and Lionel Messi in their ranks. The French champions, owned by Qatar Sports Investments, made an operating loss of $102m and their $3.2bn valuation is a 28% one-year change.

8

Premier League, England

Chelsea FC flag

Jamie McDonald/Getty Images

Chelsea: $3.1bn (£2.46bn)

Soon to be owned by a consortium led by American businessman Todd Boehly, Chelsea had an operating income of $45m and their $3.1bn valuation is a -3% one-year change. 

9

Serie A, Italy

Juventus fans

Jonathan Moscrop/Getty Images

Juventus: $2.45bn (£1.94bn)

Nicknamed the “Old Lady”, Juve are owned by the Agnelli family and valued at $2.45bn – a 26% one-year change. The Italian giants had an operating income of $26m.

10

Premier League, England

Harry Kane

Harry Kane celebrates a goal for Tottenham in the Champions League

Getty Images

Tottenham Hotspur: $2.35bn (£1.86bn)

Next season Spurs will return to the Champions League having finished fourth in the Premier League ahead of rivals Arsenal. The north London club are valued at $2.35bn by Forbes – a 2% one-year change. They had an operating income of $127m in the 2020-21 season. 

Recommended

A guide to the Uefa Women’s Euro 2022
The Uefa Women’s Euro trophy
The big match

A guide to the Uefa Women’s Euro 2022

Wimbledon: Tuesday order of play and quarter-final draw
The Wimbledon women’s and men’s singles trophies on display at Centre Court
In Focus

Wimbledon: Tuesday order of play and quarter-final draw

Cameron Norrie: ‘last Brit standing’ at Wimbledon
Cameron Norrie celebrates his victory over Tommy Paul at Wimbledon
Profile

Cameron Norrie: ‘last Brit standing’ at Wimbledon

A guide to the F1 2022 season
The F1 drivers pose on the grid at pre-season testing in Bahrain
In Focus

A guide to the F1 2022 season

Popular articles

Are we heading for World War Three?
Ukrainian soldiers patrol on the frontline in Zolote, Ukraine
In Depth

Are we heading for World War Three?

What happened to Logan Mwangi?
Tributes left to Logan Mwangi
Today’s big question

What happened to Logan Mwangi?

Nato vs. Russia: who would win in a war?
Nato troops
Today’s big question

Nato vs. Russia: who would win in a war?

The Week Footer Banner