KOLKATA , JULY 22nd , BY A STAFF REPORTER : Bundesliga giants Bayern Munich have been reported to be the most valuable club in Europe , at the moment , with their worth above $4 billion . Spanish champions Real Madrid jumped a few places with their Champions League triumph last season , and are sitting at second position , with a worth over $3 billion . Premier League dominates the next three places , with Liverpool , Man City , and Man United .