Europe’s 20 most-valuable football clubs revealed

Premier League - Huddersfield Town v Manchester United - John Smith's Stadium, Huddersfield, Britain - May 5, 2019 Manchester United executive vice-chairman Ed Woodward in the stands before the match [Action Images via Reuters/Jason]

Real Madrid have retained their place at the summit in the list of the Europe's most valuable club but Liverpool are the big movers.

Los Blancos value is £2.95bn, which is a 1.5 per cent increase on 12 months ago.

But Liverpool, who were crowned champions of Europe on the pitch last June, have seen their valuation soar by 19.3 per cent to £2.26bn.

It means they leapfrog Premier League rivals Manchester City and Chelsea - both of whom suffered losses.

City by a minimal 0.3 per cent but the Blues are now valued at £1.88bn which is a 6.3 per cent decrease.

Manchester United remain England's powerhouse and split the two Spanish giants.

Bayern Munich are fourth with a value almost identical to last year at £2.44bn.

Tottenham have climbed one place to eighth and have leapfrogged north London rivals Arsenal in the process.

The Champions League finalists enjoyed a 15.8 per cent increase to be valued at £1.75bn.

French champions PSG are ninth with a huge 36.7 per cent rise on last year and are now valued at £1.62bn.

Leicester and West Ham also feature in the top twenty meaning the Premier League has eight representatives.

KPMG 's figures were compiled in January however and do not account for any losses that may have occurred as a result of the coronavirus pandemic.

Rich List Rankings

1. Real Madrid (unchanged) - £2.95bn (+1.5%)

2. Manchester United (unchanged) - £2.84bn (-2%)

3. Barcelona (+1) - £2.71bn (+12.2%)

4. Bayern Munich (-1) - £2.44bn (+0.4%)

5. Liverpool (+2) - £2.26bn (+19.3%)

6. Manchester City (-1) - £2.21bn (-0.3%)

7. Chelsea (-1) - £1.88bn (-6.3%)

8. Tottenham Hotspur (+1) - £1.75bn (+15.8%)

9. Paris Saint-Germain (+2) - £1.62bn (+36.7%)

10. Arsenal (-2) - £1.57bn (-13.2%)

Source: KPMG