#7 Manchester United

FFI Score: 2.314
There comes the first shock! A club who usually locks horns with Real Madrid for the crown of the richest club in the football world fails to penetrate even the top 5 in this list. How's that even possible?
Manchester United have notched excellent figures in almost every department this list is based upon.
However, according to Soccerex's report, Malcolm Glazer's total acquisition of the club in 2015 has seen the debt figures getting doubled. The American owners are in charge of 92.25% of the total shares while the remaining belong to minority shareholder George Soros.
They have a stellar squad value of €524 million, with fixed assets extending up to €347 million. Also, their cash in the bank value (€307 million) is the best on the list. Their record signing Paul Pogba is also their most valuable man with a value of €90 million, followed by newcomer Romelu Lukaku, Anthony Martial and David De Gea.
Just like with Chelsea, it is the net debt value that has proven to be a crucial reason for this lowly ranking amongst the world's richest football institutions.