Real Madrid lead Forbes’ list of football’s most-valuable clubs

1. Real Madrid | £2.52 billion;

2. Barcelona | £2.45 billion;

3. Manchester United | £2.29 billion;

4. Bayern Munich | £1.85 billion;

5. Arsenal | £1.39 billion;

6. Manchester City | £1.33 billion;

7. Chelsea | £1.15 billion;

8. Liverpool | £1.07 billion;

9. Juventus | £896 million;

10. Tottenham Hotspur | £702 million.