Sports

Top 5 Richest Football Clubs in the World, Ranked by Value

Top 5 Richest Football Clubs in the World, Ranked by Value

Which 5 football clubs are the richest in the world?

In this ranking, the five richest football clubs in the world are Real Madrid ($6.07 billion), Manchester United ($5.6 billion), Barcelona ($5.51 billion), Liverpool ($5.29 billion) and Manchester City ($4.99 billion). Clubs are ranked by estimated club value, which changes from year to year, so check a current valuation list before you quote a figure.

According to the Deloitte Football Money League 2023, total revenue of the top 20 football clubs rose 13% in 2021/22 to €9.2 billion, up from €8.2 billion in 2020/21.

Football is one of the most lucrative industries in the world, and running a top club is expensive. Players’ wages, coaching staff, managers, equipment and stadiums all add up, so careful budgeting matters. Below, Ugrado explains how football clubs make money and then lists the five richest clubs.

How do football clubs earn money?

Gold trophy resting on stacks of dollar notes

Football club revenue falls into a few main categories.

Broadcasting rights

Clubs earn money from the exclusive broadcasting rights to matches, highlights and related content. Examples include domestic and international broadcasting rights, digital platforms such as club websites, mobile apps and social media, and European competitions such as the Champions League and the Europa League.

Sponsorship and advertising

Sponsorship is one of the main revenue streams. The club signs a contract with a brand or company, for example for the logo on the team jersey, stadium signage, perimeter boards and joint marketing campaigns.

Matchday and ticketing

Matchday revenue is income from ticket sales, hospitality packages and merchandise sold at home matches. It matters most for clubs with large, passionate fan bases that fill their stadiums week after week.

Merchandise

Clubs build on their brand popularity by selling official merchandise such as jerseys, scarves and hats that carry the club logo and colours. Sales of licensed merchandise add a lot to a club’s revenue.

Prize money and performance bonuses

Clubs earn prize money and performance bonuses for results on the pitch, such as winning a domestic league title or cup, or taking part in continental competitions. These rewards encourage success and add to the club’s revenue.

Player transfers

Clubs also earn money from player transfers. Fees vary with the player’s profile and popularity, and a club can earn them from both buying and selling deals. In 2017, for example, Neymar’s move to PSG, at €222 million, became one of the most expensive transfers in history.

The five richest football clubs in the world

1. Real Madrid (Spain): $6.07 billion

Real Madrid club crest

Stadium: Santiago Bernabéu, Madrid
Nickname: Los Blancos (The Whites)

Real Madrid is the most valuable football club in this ranking, at $6.07 billion. Star players, the all-white kit loved by fans around the world, and a stadium known everywhere set the Real Madrid brand apart from its rivals.

2. Manchester United (England): $5.6 billion

Manchester United club crest

Stadium: Old Trafford, Manchester
Nickname: The Red Devils

Manchester United follows closely at $5.6 billion, just ahead of Barcelona. The Glazer family owns the club. Ticket sales and other matchday activity at Old Trafford add to its revenue.

3. Barcelona (Spain): $5.51 billion

FC Barcelona club crest

Stadium: Camp Nou, Barcelona
Nickname: La Blaugrana (The red and blue)

The Spanish club is valued at $5.51 billion, thanks to its brand power and global appeal. It has signed a multi-year sponsorship deal with Spotify.

4. Liverpool (England): $5.29 billion

Liverpool FC club crest

Stadium: Anfield, Liverpool
Nickname: The Reds

Liverpool is valued at $5.29 billion, supported by broadcast and commercial revenue and a kit deal with Nike. Under Jürgen Klopp, the club won both the Premier League and the Champions League.

5. Manchester City (England): $4.99 billion

Manchester City club crest

Stadium: Etihad Stadium, Manchester
Nickname: The Citizens

Manchester City is valued at $4.99 billion and is majority owned by Sheikh Mansour, the deputy prime minister of the United Arab Emirates and a member of Abu Dhabi’s ruling family. Growth has been driven by an increase in commercial revenue in 2021-22. The club has one of the highest wage bills in world football, and it has won multiple Premier League titles since Sheikh Mansour’s arrival in 2008.

Summary of the richest football clubs in the world

Rank Club Country Value
1 Real Madrid Spain $6.07 billion
2 Manchester United England $5.6 billion
3 Barcelona Spain $5.51 billion
4 Liverpool England $5.29 billion
5 Manchester City England $4.99 billion

What makes a football club rich?

Revenue streams and sources vary with a club’s popularity, size, performance and player profiles. Follow the Ugrado guide to stay updated with current sports and iGaming trends. Learn how to get nominated or featured on the Ugrado Ranking Board.

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About the Author

Nelson Tan, Senior iGaming Content Analyst and Reviewer at Ugrado
Nelson TanSenior iGaming Content Analyst & Reviewer

Nelson Tan is Ugrado's Senior iGaming Content Analyst and Reviewer, with six years of experience in the iGaming industry. Before joining Ugrado he worked in an online casino's risk control team, where he learned how deposit and withdrawal channels and game RTP work. At Ugrado he leads platform security checks, real withdrawal speed tests and the breakdown of bonus turnover terms. He has reviewed more than 200 online gambling platforms in depth, with one aim: independent reviews that are objective, accurate and free of bias.

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