The 20 most valuable clubs in Europe: Man United and Arsenal amongst most lucrative

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10. AC Milan (Italy)

Value: £492m

9. Juventus (Italy)

Value: £531m

8. Liverpool (England)

Value: £624m

7. Arsenal (England)

Value: £832m

6. Chelsea (England)

Value: £870m

5. Bayern Munich (Germany)

Value: £1.5bn

4. Manchester City (England)

Value: £2bn

3. FC Barcelona (Spain)

Value: £2.007bn

2. Manchester United (England)

Value: £2.05bn

1. Real Madrid (Spain)

Value: £2.07bn

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