Liverpool are the fourth most valuable football club on the planet — worth $6.2bn (£4.6bn) according to Forbes' 2026 valuations — and they still can't leapfrog Manchester United in the rich list. That's the awkward footnote attached to what is otherwise a genuinely strong number.
The 15% year-on-year increase reflects Arne Slot's debut season at Anfield: a record-equalling 20th league title, a League Cup final appearance, and a Champions League round of 16 exit. Not a perfect campaign by any stretch, but the sort of commercial validation that makes FSG look very smart for staying patient through the transition from Klopp.
A decade ago, Liverpool's valuation was less than a quarter of what it is today. That's the real story here — not the single-season jump, but the trajectory. FSG have built something that compounds.
United's lead is shrinking, but it's still there
Manchester United sit third at £5.3bn, a 9% rise on last year. Their valuation has only doubled over the past decade — compared to Liverpool's four-fold increase. The direction of travel is obvious. Liverpool are closing the gap systematically, even if they haven't crossed it yet.
That gap matters beyond bragging rights. Higher valuations unlock better commercial partnerships, more attractive loan structures, and greater leverage in transfer negotiations. Liverpool's ability to compete for the top tier of global talent is increasingly underpinned by numbers like these.
Where the rest of the Premier League stands
- Real Madrid: £8.2bn (top for the fifth consecutive year)
- Barcelona: £6.5bn
- Manchester United: £5.3bn
- Liverpool: £4.6bn
- PSG: £5bn
- Bayern Munich: £4.9bn
- Manchester City: £4.1bn
- Arsenal: £4bn
- Chelsea: £3.1bn
- Tottenham: £2.2bn
- Everton: £688m (25th overall)
Eleven English clubs appear in the top 30, with MLS — seven clubs — the next best-represented league. American money is reshaping football's financial architecture at both ends of the Atlantic.
Real Madrid's sporting revenue hit £940m last season, edging past NFL giant the Dallas Cowboys (£910m). Liverpool posted £703m in turnover. The gap between Anfield and the Bernabéu is still significant — but then again, so was the gap between Liverpool and United ten years ago.
