With lists coming out (Forbes) detailing the top ten richest football clubs, there has been some confusion as to what the list is actually ranking. Forbes' list means what a club's market value is (i.e., the blue book price you'd have to pay to own a club 100%).
Forbes' list:
1. Real Madrid (Spain)
2. Barcelona (Spain)
3. Manchester United (England)
4. Bayern Munich (Germany)
5. Arsenal (England)
6. Chelsea (England)
7. Manchester City (England)
8. AC Milan (Italy)
9. Juventus (Italy)
10. Liverpool (England)
However,
if it was actual richest in terms of club wealth (i.e., owners plus savings and revenue, not including debt), the list would look something more like:
1. Manchester City (England)
2. Paris Saint-Germain (France)
3. Zenit St. Petersburg (Russia)
4. Deportivo La Coruna (Spain)
5. Club Pachuca (Mexico) / Club Leon (Mexico) / Real Oviedo (Spain)
8. Arsenal (England)
9. Manchester United (England)
10. Queens Park Rangers (England)
11. Shakhtar Donetsk (Ukraine)
12. Seattle Sounders (United States)
13. Rennes (France)
14. Valerenga (Norway)
15. Los Angeles Galaxy (United States)
Chelsea--with Abramovich--fails to crack even the top fifteen (they're the third 'richest' club in London), though they'd be sixteenth if the list were to continue. Even with their very impressive revenues, Real Madrid, Barcelona, and Bayern Munich fail to come anywhere close to the top ten as their respective revenues aren't enough to overcome the value of the club owners. Liverpool look like mere peasants. Juventus and AC Milan aren't even in the same universe of wealth; Inter would be the richest club in Italy.
Just thought I'd try to clear this up. However, we still remain in the top ten, so money should be no excuse for us failing to spend while complying with FFP.