Top 10 football clubs by brand value, 2015 – in pictures

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  9. LIVERPOOL FC (Premier League): Brand value – €688 million : Brand value change – up 57%. Carl Recine / Action Images via Reuters

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  8. CHELSEA FC (Premier League): Brand value – €714 million : Brand value change – up 19%. Clive Rose / Getty Images

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  7. PARIS SAINT-GERMAIN FC (Ligue 1): Brand value – €729 million : Brand value change – up 78%. Clive Brunskill / Getty Images

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  6. ARSENAL FC (Premier League): Brand value – €790 million : Brand value change – up 48%. Julian Finney / Getty Images

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  5. FC BAYERN MUNICH (Bundesliga): Brand value – €798 million : Brand value change – up 13%. Lars Baron / Bongarts / Getty Images

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  4. MANCHESTER CITY FC (Premier League): Brand value – €833 million : Brand value change – up 37%. Tom Dulat / Getty Images

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  3. FC BARCELONA (La Liga): Brand value – €914 million : Brand value change – up 56%. Alex Caparros / Getty Images

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  2. REAL MADRID CF (La Liga): Brand value – €1.056 billion : Brand value change – up 60%. Matthias Hangst / Getty Images

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  1. MANCHESTER UNITED FC (Premier League): Brand value – €1.077 billion : Brand value change – up 18%. Christopher Lee / The FA via Getty Images

Seven of the top 10 football clubs have major sponsors or are owned by investors from the Arabian Gulf in 2015, according to a new study from UK-based consultancy Brand Finance.