#1 Manchester City
The Premier League leaders take the top spot in Soccerex's list. The immense wealth of City's owners and value of their first-team squad boost their overall assets,
while there is minimal debt on the books thanks to massive investment from the club's Emirati owners.
The Gunners' position may come as a surprise to some. But careful management of the club's assets mean there is plenty of cash in the bank and minimal debt, while still boasting one of the best squads in the game.
#3 Paris Saint-Germain
Arguably the richest club on the planet in cash terms, as demonstrated by the signings of Neymar and Kylian Mbappe over the summer.
But the low value of Parc des Princes and relatively high debt levels keep PSG off the summit for Soccerex.
#4 Guangzhou Evergrande
The Chinese club are owned by two of the world's wealthiest enterprises, Evergrande and Ali Baba, a fact which accounts for the vast majority of their wealth.
No club, not even PSG, can match Guangzhou in terms of potential investment from those in charge.
The north Londoners join neighbours Arsenal in making the top five. The promise of a new stadium and a heavily valued playing squad push Spurs into a surprisingly high placing, while there is plenty of cash in the bank.
#6 Real Madrid
As a club owned by its members, Real Madrid score zero in the potential investment stakes, an anomaly that drags down the score of what would otherwise be the most valuable football institution on the planet.
No other side can match the Merengue in terms of player value.
#7 Manchester United
The highest debt levels of any side in this top 30 drag United down overall. But as the signings of stars like Paul Pogba and Romelu Lukaku in recent seasons have demonstrated, few clubs can match the Red Devils in terms of pure spending.
One of only two teams from Italy to make the top 30 of Soccerex's list. The financial might of the Agnelli family means plenty of investment can be expected,
while stars like Paulo Dybala and Miralem Pjanic ensure their squad is among Europe's most valuable.
Doubtlessly one of the richest clubs around, the Blues are hamstringed in Soccerex's rankings by the unique manner in which they are financed by owner Roman Abramovich.
The Russian funnels money into the side by way of timeless loans, which nevertheless technically count as debt - of all the top 30 Chelsea are by far the team furthest 'into the red', at least on paper.
#10 Bayern Munich
Despite the lack of a wealthy investor, the Bavarians' financial muscle is legendary. Unbroken success locally mean Bayern easily outstrip their closest rivals both on and off the field.