Premier League clubs may have taken a financial hit during the pandemic, but there is no doubt that England's top tier still boasts some of the richest and most valuable clubs in world football.

Title winners Liverpool can be considered as the best club in the world given they are Premier League and Champions League holders at present while the likes of Manchester City, Manchester United and Chelsea are also very much among the financial powerhouses.

Chelsea have asserted their financial power by already securing the additions of Timo Werner and Hakim Ziyech this summer, while United's reported pursuit of Borussia Dortmund's Jadon Sancho is a clear indicator of their own power and allure.

However, the market value of clubs certainly varies across the division with an ever-widening gulf existing between the elite and the rest, but some clubs have punched well above their financial weight to achieve massive success this campaign.

Here, we rank all 20 Premier League clubs in order of their club market value in comparison to their final league position...

20. Sheffield United

Sheffield United enjoyed a memorable return to the Premier League as Chris Wilder's men sealed a ninth-placed finish following their promotion in 2019, and the extent of their achievement is further magnified by the club's market value being the lowest in the league.

The Bramall Lane outfit are currently worth £114.17million according to Transfermarkt's valuation, but this figure looks bound to increase if the Blades continue to establish themselves as a Premier League outfit following a 12-year stint outside the top tier.

19. Norwich City

Soccer Football - Premier League - Norwich City v Watford - Carrow Road, Norwich, Britain - November 8, 2019   Norwich City manager Daniel Farke with Max Aarons after the match    Action Images via Reuters/Andrew Couldridge    EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications.  Please contact your acco

Norwich's relegation does not come as an enormous surprise when the club has the second-lowest market value in the division at £124.31million, with Daniel Farke's men having perhaps over-performed to even gain promotion in the first place.

This is testament to Farke's impact at Carrow Road since his arrival back in 2017, but the Canaries finished 20th in an extremely underwhelming 2019/20 season despite the promise shown during their 3-2 win over Manchester City in September.

18. Burnley

Burnley rank remarkably low at 18th on this list considering they have now been a Premier League side for four consecutive seasons, but their £138.62million market value suggests Sean Dyche's side are continuing the exceed expectations at Turf Moor.

The Lancashire outfit sealed a top-half finish as they finished in 10th spot at the end of the season, with the Clarets' tight-knit group of players never looking at any real risk of facing the drop.

17. Crystal Palace

Soccer Football - Premier League - Burnley v Crystal Palace - Turf Moor, Burnley, Britain - March 2, 2019  Crystal Palace's Michy Batshuayi celebrates their first goal with Jeffrey Schlupp   Action Images via Reuters/Jason Cairnduff  EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications.  Please contact yo

Palace can now be considered as an established Premier League club given they have spent seven straight seasons in England's top tier, but the fact they have not finished higher than 10th in any of these campaigns means they only rank 17th on the list.

The club's current market value sits at £161.48million as they look ahead to starting on a clean slate in September after experiencing a late-season slump which saw them end the 2019/20 campaign in 14th spot.

16. Bournemouth

Bournemouth's relegation was perhaps one of the biggest surprises in the Premier League this season, with the south-coast side finishing 18th in the table after five years in the top flight following a meteoric rise under Eddie Howe.

The Cherries were condemned to the drop on the final day of the season following an overall poor campaign which will have affected the club's market value that currently stands at £171.25million to put them at 16th spot on the list.

15. Watford

ismaila-sarr-celebrates-goal-vs-southampton

Watford are the highest-ranked side on this list to have suffered relegation this term with their campaign having ended in a 19th-placed finish, which was particularly disappointing given they had looked to turn a corner with a win over Liverpool in February.

The Vicarage Road side are valued at £181.64million to leave them 15th in these rankings, with owner Gino Pozzo now in search for a new manager to lead them into the Championship after going through three permanent bosses during the 2019/20 season.

14. Newcastle United

Newcastle players celebrate

Newcastle's final league position of 13th almost correlates directly with their 14th-placed ranking on this list, with Steve Bruce having successfully met expectations during his debut campaign in charge of his boyhood club.

The Magpies' early preparations for the new campaign have been overshadowed by the collapse of the Saudi-Arabian backed takeover of the club, with Newcastle currently being valued at £200.07million to put them 14th on this list.

13. Southampton

Ralph Hassenhuttl's men looked in serious danger of relegation earlier in the campaign, but a sustained turnaround in form saw them secure a highly respectable 11th-placed finish as Danny Ings' 22 league goals proved crucial.

Southampton's solid campaign might mean they can now look ahead to a ninth straight season in the top flight, but they are still in the bottom half of the standings in terms of club market value as their figure currently stands at £201.06million.

12. Brighton & Hove Albion

Soccer Football - Premier League - Newcastle United v Brighton & Hove Albion - St James' Park, Newcastle, Britain - September 21, 2019  Brighton and Hove Albion manager Graham Potter applauds the fans after the match REUTERS/Scott Heppell  EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications.  Please

Brighton's market value of £207.54million means they sit 12th in this list, while their actual league position was 15th as they dodged relegation courtesy of vital successes over Arsenal and Norwich following the season's restart.

The south-coast outfit will now be looking to push forward under the guidance of head coach Graham Potter who was installed an attractive style of play this term, while the early summer additions of Joel Veltman and Adam Lallana represent good business.

11. Aston Villa

dean-smith-jack-grealish

Dean Smith's side rank quite high at 11th on this list considering they have only spent one season in the Premier League since their last promotion in 2019, but Villa are a notoriously big club whose market value would have been helped by their survival.

Their 1-1 draw with West Ha on the final day of the 2019/20 season ensure their survival in the top tier, and this has helped put their value at £209.43million heading into the new campaign according to Transfermarkt.

10. West Ham United

Declan Rice celebrates scoring for West Ham

West Ham enjoyed a strong end to the season as they dodged relegation to finish 16th in the Premier League table, but they have snuck into the top half at 10th on this list as their club market value currently stands at £275.63million.

There were eyebrows raised when the West Ham board hired David Moyes for a second time in December, but the club now looks in a relatively stable position as players such as Michail Antonio and Pablo Soucek excelled towards the end of the season.

9. Wolves

wolves players celebrate with manager nuno santo

Wolves have been a breath of fresh air since their promotion to the Premier League two years ago, with Nuno Espirito Santo having now guided his side to a second consecutive top-half finish as they ended the 2019/20 season in seventh spot.

The last two league campaigns will have certainly boosted Wolves' valuation, while their Europa League success will have also helped, and this means the Molineux outfit are now valued at £308.16million to put them at 9th on the list.

8. Everton

Moise Kean celebrates scoring for Everton vs AFCB

It was a relatively mediocre season for Everton as they eventually finished 12th in the Premier League table, but there are definitely reasons to be positive for the Goodison Park faithful given some of the promising signs shown under Carlo Ancelotti.

The Toffees are still firmly in the top half of this list despite their lower league finish, with the Merseyside outfit current valued at £370.67million to put them eighth in these rankings as they prepare to push on next season.

7. Leicester City

Leicester's season may have ended in disappointment as their poor end-of-season form saw them slip out of the Champions League spots despite having occupied them for much of the season, with the Foxes finishing in fifth spot.

However, the club definitely made big strides under Brendan Rodgers during his first full campaign at the King Power Stadium, with Leicester's impressive progress having seen their club market value rise to £405.45million as they sit seventh in this list.

6. Arsenal

Soccer Football - Premier League - Arsenal v Watford - Emirates Stadium, London, Britain - July 26, 2020  Arsenal's Pierre-Emerick Aubameyang celebrates scoring their first goal with Alexandre Lacazette and teammates, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) Pool via REUTERS/Rui Vieira EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 image

Arsenal's poor first half of the season resulted in Mikel Arteta replacing Unai Emery as club manager, and this switch injected a fresh lease of life into the Gunners' campaign as they finished in eighth spot and lifted the FA Cup trophy.

This improvement means Arsenal still occupy sixth spot in this list with their current market valuation tallying at £519.17million, but it is now important the north Londoners keep hold of their key assets in order to keep progressing.

5. Tottenham Hotspur

Jose Mourinho talking to the Tottenham players

It was a real rollercoaster campaign for Tottenham which saw Mauricio Pochettino replaced by Jose Mourinho who eventually guided the club to a sixth-placed finish following a strong run of form following the season restart in June.

This means the north London club sit just outside the top four in this list with their market value now at £628.52million, with this being just less than £50million behind the next-highest club in fourth spot.

4. Manchester United

manchester-united-players-celebrate-v-leicester-city

United produced a strong conclusion to the season as they secured Champions League football for next term, with the arrival of Bruno Fernandes in January helping to elevate the Old Trafford outfit to a new level as they finished in third spot.

This means United's club market value now stands at £673.81million as they prepare for a return to the Champions League with the likes of Marcus Rashford, Mason Greenwood and Fernandes looking set to help spearhead the club's next chapter.

3. Chelsea

chelsea-manager-frank-lampard

Frank Lampard enjoyed a stable start to life in the Chelsea hot seat as he led the club to the FA Cup final while sealing fourth spot in the top tier, and the Blues are also looking strong off the pitch as their valuation currently stands at £750.11million.

The Stamford Bridge side have certainly caught the eye with their transfer business heading into the new season - with Werner and Ziyech both officially on board - and Lampard will surely be targeting a title charge in the new campaign.

2. Liverpool

liverpool-players-celebrate-goalv-red-bull-salzburg

Liverpool may have cruised to the Premier League title by a staggering 18-point margin this term, but they are sitting second in this list with their market value currently standing at £912.51million as they prepare to defend their crown.

Jurgen Klopp's side have been constantly improving since the German was appointed at Anfield, and the club's Champions League win and league title success within the space of 12 months is clear evidence that Liverpool have returned to Europe's elite.

1. Manchester City

Soccer Football - Premier League - Manchester City v Watford - Etihad Stadium, Manchester, Britain - September 21, 2019  Manchester City's Kevin De Bruyne celebrates scoring their eighth goal with teammates David Silva and Riyad Mahrez   Action Images via Reuters/Jason Cairnduff  EDITORIAL USE ONLY. No use with unauthorized audio, video, data, fixture lists, club/league logos or "live" services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club

City lead the way in the club-value stakes with a total valuation of £971.98million according to Transfermarkt, with the Etihad Stadium side ranking ahead of Liverpool by just under £60million despite each Premier League club's market value in comparison to their final position finishing well behind them in the actual league table.

The Manchester club have been the most dominant team in English football over the last decade by lifting the Premier League title on four occasions, and it is this sustained success that ultimately sees them just pip the Reds to top spot in this list.