3) Bayern Munich – €578.55 million
At number three are Bayern Munich who have been in the top 10 list for a long time now. The only German team in this list are one of the best club teams in the world and set high standards of football in Germany and Europe.
The Bavarian club are on course to win their fourth consecutive Bundesliga title and are currently five points ahead of rivals Dortmund. They have established a worldwide brand because of the club's massive success and the star players they have.
Last year the club earned a revenue of €474 million and in terms of a brand Bayern has the highest value, greater than clubs like Manchester United, Real Madrid and Barcelona. Bayern’s board of directors mainly consists of members from several MNCs including Addidas, Audi and Allianz.
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