World’s 20 most valuable football clubs - Who tops list

Real Madrid's financial dominance

The royal club ends the calendar year as the undisputed leader. The combined market value of all Real Madrid players is currently estimated at an impressive €1.38 billion.

English chase and competition for the podium

London’s Arsenal is the closest contender, with its squad valued at €1.29 billion, securing a solid second place.

The third spot is shared by two football giants – Manchester City from England and Paris Saint-Germain from France. The market value of both squads stands at €1.19 billion.

It’s worth noting that seven football clubs have surpassed the €1 billion mark. In addition to the leaders, this elite group includes Chelsea, Barcelona, and Liverpool.

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Full ranking of the world's 20 most valuable football clubs

The financial landscape of modern football highlights the strong advantage of English clubs. Even mid-table Premier League teams like Nottingham Forest and Brighton have squad values surpassing many major European giants.

Top 20 clubs by squad market value:

• Real Madrid – €1.38 bn;

• Arsenal – €1.29 bn;

• Manchester City – €1.19 bn;

• Paris Saint-Germain – €1.19 bn;

• Chelsea – €1.18 bn;

• Barcelona – €1.12 bn;

• Liverpool – €1.04 bn;

• Bayern Munich – €981 m;

• Tottenham Hotspur – €879 m;

• Manchester United – €719 m;

• Newcastle – €713 m;

• Inter – €670 m;

• Nottingham Forest – €620 m;

• Juventus – €603 m;

• Atlético Madrid – €589 m;

• Brighton – €520 m;

• Aston Villa – €520 m;

• Borussia Dortmund – €511 m;

• Napoli – €503 m;

• Crystal Palace – €502 m.