CNBC ranks world's 25 most valuable football clubs — Real Madrid leads the pack

Real Madrid, Manchester United and Barcelona top the list of the world's most expensive football clubs in 2025 according to CNBC .
The channel's rating consists of 25 clubs, 11 of which are English (including three in the top five). This is due to the English Premier League's expensive television contracts worth about $4.4 billion a year.
The most expensive clubs in the world in 2025:
- Real Madrid, Spain ($6.7 billion)
- Manchester United, England ($6 billion)
- Barcelona, Spain ($5.65 billion)
- Liverpool, England ($5.4 billion)
- Manchester City, England ($5.2 billion)
- Bayern Munich, Germany ($5.1 billion)
- Paris Saint-Germain, France ($4.55 billion)
- Arsenal, England ($4 billion)
- Tottenham Hotspur, England ($3.55 billion)
- Chelsea, England ($3.5 billion)
- Borussia Dortmund, Germany ($2.3 billion)
- Atletico Madrid, Spain ($2.1 billion)
- Juventus, Italy ($2 billion)
- Newcastle United, England ($1.3 billion)
- Inter Milan, Italy ($1.25 billion)
- AC Milan, Italy ($1.2 billion)
- West Ham United, England ($1.1 billion)
- Aston Villa, England ($1.09 billion)
- Fulham, England ($1,08 billion)
- Los Angeles FC, USA ($1.05 billion)
- Los Angeles Galaxy, USA ($1.03 billion)
- Inter Miami, USA ($1 billion)
- Eintracht Frankfurt, Germany ($930 million)
- Brighton & Hove Albion, England ($920 million)
- Napoli, Italy ($910 million)
The average value of football clubs on the list is $2.76 billion.
This is less than the value of clubs in the US National Football League (American football, $6.5 billion on average) and the US National Basketball Association ($4.7 billion), but more than in Major League Baseball ($2.6 billion) and the National Hockey League ($1.9 billion).
The football clubs in the ranking generate an average annual revenue of $520 million and EBITDA (earnings before interest, taxes, depreciation and amortization) of $54 million.
- In early January 2025, the most titled football club in China lost its professional status due to debts.
- In March, it became known that the Welsh football club Wrexham, which in 2021 was bought by Hollywood stars Ryan Reynolds and Rob McElhenney for £2 million , has since risen in price 50 times.