These are the richest football clubs in the world.

It's been an incredible season for the Spanish club Real Madrid after winning La Liga and the Champions League, but off the pitch, they got beaten.

Manchester United is now officially the world's most valuable football club, passing Real at the top of the Forbes annual rich list for the first time in five years.

The team might have finished at the poor sixth place in the Premier League, but the club is valued at $3.69 billion, up 11% on last year.

United generated record revenues of $765 million - over $75 million more than Spanish giants Barcelona and Real Madrid - helped by an unprecedented domestic television deal, global commercial reach and an Adidas kit sponsorship arrangement worth a reported $90 million per year.

The club, owned by the American Glazer family, is also the most profitable, posting operating income of $288 million - more than fellow English clubs Arsenal ($122 million), Chelsea ($52 million, Liverpool ($29 million) and Tottenham Hotspur ($68 million) combined.

Though Zinedine Zidane guided Real to one of its greatest seasons in recent memory, the Spanish club's overall value has dropped 2% from $3.64 billion to $3.58 billion in the past year. Los Blancos accordingly fall to third in the Forbes list behind domestic rival, Barcelona.

The La Liga top two generated identical revenues ($688M), but the Catalan club, now coached by Ernesto Valverde, saw its overall value rise by 2% to $3.64 billion.

Bundelisga champion Bayern Munich ($2.71 billion) remains the fourth most valuable club in the world for the fourth successive year, with English clubs dominating the rest of the top 10.

Sheik Mansour's Manchester City rise one place to fifth with a value of $2.08 billion - up 8% on last year followed by Stan Kroenke's Arsenal ($1.93 billion), Roman Abramovich's Chelsea ($1.85 billion) and Liverpool ($1.49 billion), owned by Americans John Henry and Tom Werner.

Juventus, owned by the Agnelli family, is ninth on the list with a value at $1.26 billion.

With a new 61,000-seater stadium under construction, Tottenham Hotspur ($1.06 billion) rounds off the top 10.


Here’s the full list:

1) Manchester United - $3.69 billion

2) Barcelona - $3.64 billion

3) Real Madrid - $3.58 billion

4) Bayern Munich - $2.71 billion

5) Manchester City - $2.08 billion

6) Arsenal - $1.93 billion

7) Chelsea - $1.85 billion

8) Liverpool - $1.49 billion

9) Juventus - $1.26 billion

10) Tottenham Hotspur $1.06 billion