Forbes compiled its annual list of the most valuable sports teams in the world. According to Forbes, these values were driven by the higher enterprise multiples that buyers are paying for the teams. 10. Arsenal , $2.26 billion. 9. Tottenham Hotspurs, $2.8 billion. 8. Chelsea, $3.1 billion. 7. Paris Saint Germain, $4.21 billion. 6. Bayern Munich, $4.86 billion. 5. Manchester City, $4.99 billion. 4. Liverpool, $5.29 billion. 3. Barcelona, $5.51 billion. 2. Manchester United, $6 billion. 1. Real Madrid, $6.07 billion.