The world's most valuable football clubs - ranked

European champions Real Madrid have topped the latest rankings thanks to 19% rise of their value. This huge grwwth has been thanks in part to their $1.014bn brand value as well as the 20-year deal signed with CVC, which secured the club a whopping $400m.

Just behind Los Blancos on the list are Premier League giants Manchester United, whose value reached $6bn for the first time ever thanks to a 30% rise. The valuation by Forbes is close to the one set by the Glazer family, who have been waiting on a bid of around $7.43bn to sell the club The Red Devils are one of 12 English clubs who have made this year's rankings, with Liverpool and Manchester City among the top five. Barcelona have also upped their value by around 20%.

The biggest rise came from slightly further up north, where Newcastle United saw their valuation sky rocket by 51% - taking their value to $794m. This huge new figure is thanks in large part to the Saudi Arabian takeover that was completed last season. In terms of clubs who suffered the biggest financial hit during 2023, it'll come as no surprise to Serie A fans that Juventus have seen their valuation fall by a whopping 12%. La Vecchia Signora recently accepted a plea bargain over their false accounting, false financial statements and market manipulation trial, which has also landed them with a Serie A points deduction.

Premier League clubs who have seen their value dip are Leicester City and Everton. Both found themselves embroiled in a relegation battle at the foot of the league table this season, with the Foxes finding themselves in the bottom three after the 38th and final game of the season. Perhaps surprisingly, MLS clubs make up a good portion of this year's list too. Six of the 30 clubs listed are all from north America, with the two Los Angeles clubs - LAFC and LA Galaxy - topping the rankings for the continent and in the top 20 globally