Real Madrid was named the world’s most valuable football club in Forbes’ 2025 annual list, with a valuation of $9.5 billion, up from $6.75 billion a year ago [1, 2]. The Spanish club posted a record sporting revenue of $1.27 billion during the 2024-25 season, contributing to its sharp rise in value [2].
Spanish rival Barcelona ranks second with a valuation of $7.5 billion, overtaking Manchester United, which sits third at $7.2 billion [1, 2]. Liverpool moved up to fourth place at $6.2 billion after winning the English Premier League last season [1, 2]. Paris Saint-Germain also climbed to fifth place with $5.8 billion [1, 2].
Eleven Premier League clubs feature among the top 30 most valuable teams globally, the highest representation of any league [1, 2]. Arsenal, who won their first Premier League title in 22 years during the 2025-26 season, ranked eighth with a valuation of $5.4 billion [1].
Real Madrid president Florentino Pérez remarked the club needs "a good coach" amid speculation linking the team with Jose Mourinho [2].
The Forbes ranking reflects football’s commercial growth worldwide, with record revenues helping boost club valuations dramatically. The 2025 list highlights the ongoing rivalry between Spanish and English clubs for commercial dominance.
Forbes is expected to update the rankings again after the 2025-26 season concludes, which may impact assessments following the recent Premier League outcomes and other shifts in club performance and finances.
