Forbes' list of the most valuable football clubs
2008 rankings
Columns: Rank | Team | Country | Value ($M) | Debt as %of value | % change on year | Revenue ($M) | Operating income($m)
1 | Manchester United | England | 1800 | 60 | 24 | 394 | 111 | 2 | Real Madrid | Spain | 1285 | 27 | 24 | 474 | 112 | 3 | Arsenal | England | 1200 | 43 | 31 | 329 | 77 | 4 | Liverpool | England | 1050 | 65 | 131 | 269 | 60 | 5 | Bayern Munich | Germany | 917 | 0 | 9 | 302 | 72 | 6 | Milan | Italy | 798 | 0 | -3 | 307 | 54 | 7 | Barcelona | Spain | 784 | 27 | 47 | 392 | 92 | 8 | Chelsea | England | 764 | 0 | 42 | 382 | 5 | 9 | Juventus | Italy | 510 | 5 | -10 | 196 | 35 | 10 | Schalke | Germany | 470 | 48 | 0 | 154 | 36 | 11 | Roma | Italy | 434 | 12 | 94 | 213 | 48 | 12 | Tottenham Hotspur | England | 414 | 15 | 70 | 207 | 64 | 13 | Lyon | France | 408 | 7 | 19 | 190 | 15 | 14 | Internazionale | Italy | 403 | 0 | -27 | 207 | 21 | 15 | Borussia Dortmund | Germany | 323 | 57 | 63 | 122 | 31 | 16 | Newcastle United | England | 300 | 43 | 16 | 175 | 12 | 17 | Hamburg | Germany | 293 | 0 | 32 | 163 | 41 | 18 | Werder Bremen | Germany | 262 | 0 | n/a | 131 | 11 | 19 | Valencia | Spain | 254 | 159 | 31 | 145 | 45 | 20 | Celtic | Scotland | 227 | 11 | 23 | 151 | 48 | 21 | Everton | England | 197 | 30 | 24 | 103 | 1 | 22 | West Ham United | England | 195 | 23 | 25 | 115 | 22 | 23 | Manchester City | England | 191 | 63 | -8 | 114 | 27 | 24 | Aston Villa | England | 190 | 12 | 36 | 106 | 40 | 25 | Marseille | France | 187 | 0 | 19 | 134 | 13