Liverpool are among the most valuable football clubs in the world, according to the Forbes rich list.

Under the guidance of FSG, the Reds have become a global force both on and off the pitch.

FSG recently struck a deal with RedBird capital which saw an £538m investment go into the club, acquiring more than 10 percent of the Liverpool owners' company.

The deal also saw a formal welcoming on board for basketball superstar LeBron James, his associate Maverick Carter and their long-time business partner, Paul Wachter.

Forbes’s latest list sees Liverpool move up to fifth in the overall rankings, up from their eighth-place standing from this time last year.

According to Forbes, cited by the Daily Mail, Liverpool are valued at $4.1billion (£2.98bn), which sees them leapfrog Manchester City who have a $4billion (£2.91bn) valuation.

Elsewhere, Manchester United have moved out of the top three most valuable clubs in the world and are now fourth and just ahead of Liverpool with a $4.2billion (£3.06bn) valuation.

Barcelona remain the most valuable club in the world, ahead of second-placed Real Madrid while Bayern Munich are third.

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Here is the full list of the most valuable football clubs in the world, according to Forbes.

1. Barcelona - $4.76billion (£3.46bn)

2. Real Madrid - $4.75billion (£3.46bn)

3. Bayern Munich - $4.22billion (£3.07bn)

4. Manchester United - $4.2billion (£3.06bn)

5. Liverpool - $4.1billion (£2.98bn)

6. Manchester City - $4billion (£2.91bn)

7. Chelsea - $3.2billion (£2.33bn)

8. Arsenal - $2.8billion (£2.04bn)

9. Paris Saint-Germain - $2.5billion (£1.82bn)

10. Tottenham Hotspur - $2.3billion (£1.67bn)