Arsenal have climbed two places in Forbes’ annual ranking of the most valuable football clubs in the world, rising from 10th to 8th following a 31% increase in valuation.
The club is now valued at $2.6 billion (£1.92 billion), with revenues for the 2023–24 season reaching $771 million (£571.1 million). This improvement shows the financial impact of a return to consistent Champions League qualification and league title challenges under Mikel Arteta.
Forbes’ top 10 is again headed by Real Madrid, whose valuation stands at $6.75 billion (£4.99 billion), making them the world’s most valuable football club for the fourth consecutive year.
Manchester United are second at $6.6 billion (£4.88 billion), with Barcelona third.
The Spanish club posted revenues of $1.13 billion (£836.9 million), while United and Barcelona followed closely with $1.03 billion (£762.8 million) and $821 million (£608 million) respectively.
The list includes six Premier League clubs in the top 10.
Top 20 Forbes Most Valuable Football Clubs
- Real Madrid
- Manchester United
- Barcelona
- Liverpool
- Manchester City
- Bayern Munich
- PSG
- Arsenal
- Tottenham
- Chelsea
- Juventus
- Borussia Dortmund
- Atletico Madrid
- AC Milan
- LAFC
- Inter Miami
- Inter Milan
- West Ham United
- Newcastle United
- LA Galaxy
This marks Arsenal’s highest position in the Forbes rankings since they began publishing club valuations.