Forbes' List of 25 Most Valuable Soccer Teams

The Top 25 World Soccer Teams are:

1. Manchester United, England. Team value: $1,453 mil;
2. Real Madrid, Spain. Team value: $1,036 mil;
3. Arsenal London, England. Team value: $915 mil;
4. Bayern Munich, Germany. Team value: $838 mil;
5. AC Milan, Italy. Team value: $824 mil;
6. Juventus, Italy. Team value: $567 mil;
7. Internazionale Milan, Italy. Team value: $555 mil;
8. Chelsea London, England. Team value: $537 mil;
9. Barcelona, Spain. Team value: $535 mil;
10. Shalke 04, Germany. Team value: $471 mil;
11. Liverpool, England. Team value: $454 mil;
12. Olympique Lyonnais, France. Team value: $343 mil;
13. Newcastle United, England. Team value: $260 mil;
14. Tottenham Hotspur, England. Team value: $243 mil;
15. AS Roma, Italy. Team value: $224 mil;
16. Hamburg SV, Germany. Team value: $221 mil;
17. Manchester City, England. Team value: $208 mil;
18. Borussia Dortmund, Germany. Team value: $199 mil;
19. Ajax Amsterdam, Netherlands. Team value: $196 mil;
20. Celtic, Scotland. Team value: $185 mil;
21. Everton, England. Team value: $165 mil;
22. Olympique Marseille, France. Team value: $157 mil;
23. West Ham United, England. Team value: $156 mil;
24. Glasgow Rangers, England. Team value: $147 mil;
25. Aston Villa, England. Team value: $140 mil.

Note: While calculating the 'team value' index, the Forbes analysts have taken into consideration the following factors: past transactions, enterprise values (i.e. market value and debt) of publicly traded teams and current stadium deal (unless a new stadium is pending).

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