Can continue to wave! Manchester United still ranks second in the 2025 global football club value list

Although Manchester United has just experienced a disastrous season, not only setting a record low in the Premier League (15th place), but also losing to Tottenham in the Europa League final and missing the European opportunity next season. But according to Forbes' latest football wealth list, their business value off the court is still strong.

According to The Athletic, Manchester United ranks second in the world's most valuable football club rankings, second only to 15-time European champion Real Madrid. Manchester United's valuation is as high as £4.9 billion, while Real Madrid, which has been ranked first for four consecutive years, has been valued at £5.01 billion.

Given the strong influence of the Premier League, it is not surprising that England teams occupy half of the top ten: Liverpool and Manchester City ranked fourth and fifth respectively. The London three-time Arsenal (8th), Tottenham Hotspur (9th) and Chelsea (10th) form the remaining British representatives. Barcelona (3rd), Bayern Munich (6th) and new Champions League champion Paris Saint-Germain (7th) together form the complete lineup of the top ten. The report states that these valuations are based on performance in the 2023-24 season. In the season, Manchester United only won eighth in the league under Tenhager and missed the Champions League, but won the FA Cup and retained his coach position (although he was fired just a few months after the new season began). It is the operational results of Tenghager's tenure, coupled with the continued support of the global influence of the "Red Devils", that enables Manchester United to closely follow the Spanish giants.

Forbes' valuation calculation "comprehensively considers the revenue data and diversified income streams released in the club's financial report". Game day revenue, broadcast sharing, commercial development and club brand value constitute four core evaluation elements.

Manchester United is eager to maintain its position as the elite in football (new coach Amorin leads the team only 15th last season, and its impact remains to be seen). Despite the poor league rankings, the performance of reaching the UEFA Cup final (although the ending was heartbreaking) should be able to recover some of the team's reputation losses, and the results need to be significantly improved next season.

Engsli Group is bound to be eager to witness Manchester United surpassing the powerful Real Madrid during his tenure, but it is also deeply aware that the team's competitive level needs to be completely reformed. Amorin will be under tremendous pressure in his first full season since taking office, and he failed to effectively stimulate the form of first-tier stars in the second half of the 24/25 season.

clubs face a crucial summer: less than six weeks left before the pre-season training camp, and a large-scale adjustment of the player lineup is imminent.