Liverpool has been named among the world’s five most valuable football clubs, with just one of its Premier League rivals sitting above it.

Sports business site Sportico has announced its list of the 50 most valuable clubs in world football right now. Liverpool features highly on the list, sitting in fourth with a value of $5.11bn.

Manchester United is the only English club to be ranked higher, with a value of $6.2bn. They come out top of the list, with Real Madrid ($6.06bn) and Barcelona ($5.28bn) sandwiched in between.

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Bayern Munich rounds off the top five with a value of $4.8bn. Six Premier League sides make the top 10, with Manchester City ($4.75bn), Arsenal (£3.91bn), Tottenham ($3.49bn) and Chelsea ($3.47bn) ranked below Liverpool. PSG ($4.05bn) is the only other side to make top 10.

The list is compiled using a review of revenue streams based on clubs’ financial statements, as well as insight from bankers, investors, consultants and team executives. Other factors, such as historical sales, market, strength of brand and on-field performance, are also considered.

Despite having six of the top 10, the Premier League is not the competition most represented on the list. Instead, it is the MLS, which has a total of 20 clubs in the top 50. The Premier League’s cumulative valuation of $29bn far outweighs the MLS’ $15.1bn though.

Top 50 most valuable clubs in world football in 2024

1. Manchester United ($6.2bn)

2. Real Madrid ($6.06bn)

3. Barcelona ($5.28bn)

4. Liverpool ($5.11bn)

5. Bayern Munich ($4.8bn)

6. Manchester City ($4.75bn)

7. PSG ($4.05bn)

8. Arsenal ($3.91bn)

9. Tottenham ($3.49bn)

10. Chelsea ($3.47bn)

11. Juventus ($1.77bn)

12. Borussia Dortmund ($1.64bn)

13. Atletico Madrid ($1.62bn)

14. AC Milan ($1.2bn)

15. Los Angeles FC ($1.15bn)

16. Inter Milan ($1.06bn)

17. Atlanta United ($1.05bn)

18. Inter Miami ($1.02bn)

19. LA Galaxy ($1bn)

20. New York City FC ($840m)

21. Austin FC ($800m)

22. Seattle Sounder ($795m)

23. Lyon ($780m)

24. Roma ($770m)

25. America ($750m)

26. Ajax ($740m)

27. West Ham ($725m)

28. Toronto FC ($725m)

29. DC United ($720m)

30. Portland Timber ($715m)

31. Guadalajara ($710m)

32. Newcastle ($700m)

33. Napoli ($690m)

34. Philadelphia Union ($685m)

35. Benfica ($675m)

36. Charlotte FC ($655m)

37. Columbus Crew ($650m)

38. FC Cincinnati ($645m)

39. Minnesota United ($640m)

40. Nashville FC ($635m)

41. Sporting Kansas City ($630m)

42. New York Red Bulls ($615m)

43. RB Leipzig ($610m)

44. Aston Villa ($600m)

45. Atalanta ($695m)

46. Eintracht Frankfurt ($580m)

47. Flamengo ($570m)

48. Monterrey ($565m)

49. San Jose Earthquakes ($560m)

50. Houston Dynamo ($550m)

Liverpool.com says: If you wanted a clear indication that money isn’t everything in football, you only need to look at Manchester United. Still considered the most valuable club in the world, its reputation just continues to sink further under the Glazers’ ownership.

It will be interesting to see how Jürgen Klopp’s departure from Liverpool will affect its ranking next year. Hopefully Arne Slot will be able to continue the success the German has brought to Anfield.