Forbes annual football rich list

Old Trafford Interior

Could respective percentage differences between Premier League clubs such as Arsenal, Chelsea, Manchester United and Manchester City impact summer spending?

La Liga dominates the head of Forbes' annual football rich list.

It should perhaps be no surprise, after all, Barcelona - in recent times - have been one of the top club teams for the past decade, while Real hunt down this year's Champions League trophy.

The monetary strength of the Premier League is underlined by the fact that clubs from England make up five of the top ten spots with Manchester United, Arsenal, Chelsea, Manchester City and Liverpool all making the cut.

However, only the latter four reap the financial benefits of qualifying for Europe's most lucrative competition, as United - still the third most valuable outfit in world football - suffers an 11% drop in worth due to "substandard performance" and finishing outside the top four in England (something that will cost the club £21m).

It could have been far graver for the Old Trafford side, with a possible negative impact on any expected summer activity in the transfer market, had it not been for the commercial success of a £333m deal with Chevrolet, that runs for seven years.

United were expected to make considerable changes to their squad over the coming months, with Toni Kroos, Cesc Fabregas, Adam Lallana, Edinson Cavani, Luke Shaw and Arjen Robben all, at one point in the past month, speculatively linked with a transfer to Stretford, however, could that £21m loss mean one player less is able to be acquired? It is possible that United budgeted for the remuneration of competing in the European Cup.

There is no change over the valuation of Arsenal, who, like last season, come in at a £767m-valuation.

The Gunners may have a sizable transfer fund. Last year, it was claimed manager Arsene Wenger would have an £80m warchest available to him should he wish to launch a raid in the summer market of 2013. He used a little over half of it on the £42.4m addition of Mesut Ozil, while Yaya Sanogo and Mathieu Flamini arrived with negligible fees attached.

Should there be carry over from last year, then Wenger may have the backing to sign players along the calibre of Javi Martinez, Mario Balotelli or Diego Costa.

City are up 25%, to a valuation of £508m, but will be wary over excess expenditure based on current Financial Fair Play stringency. Chelsea, meanwhile, are valued at £3m higher than City, but are down 4% from last year.

RankClubForbes valuationPercentage change
 1  Real Madrid  £2bn  +4%
 2  Barcelona  £1.9bn  +23%
 3  Manchester United  £1.65bn  -11%
 4  Bayern Munich  £1.1bn  +41%
 5  Arsenal  £767m  No change
 6  Chelsea  £511m  -4%
 7  Manchester City  £508m  +25%
 8  AC Milan  £504m  -9%
 9  Juventus  £501m  +22%
 10  Liverpool  £407m  +6%

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