Barcelona have for the first time lead the list to become the most valuable club in the world, beating Real Madrid who have topped the list five times in the past. Barcelona are valued at $4.76 billion beating Real Madrid at $4.75 billion.
The list also features European Champions Bayern Munich ($4.22 billion) who rank third.
Last year's Champions League runners up and French Champions, PSG, were ranked 9th with a value of $2.5 billion. Their worth increased by 129% in two years, the biggest increase among the top 10 clubs.
Premier League 'Big Six', Arsenal, Liverpool, Manchester United, Manchester City, Chelsea and Tottenham, were all in the top 10. Manchester United have dropped out of the top three most valuable football clubs in the world.
Forbes also produced a list of Top shirt sponsor deals; Real Madrid and Manchester United head the list.
Other Top ranking clubs include Juventus, Borrusia Dortmund, Atletico Madrid, Inter Milan, Everton, AC Milan, AS Roma, West Ham, Leicester City and Ajax in that order.
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