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Barcelona won the Champions League in 2014/15 but it still wasn't enough to dislodge Real Madrid from the top of UEFA's coefficient rankings.

The Catalan giants racked up more points (38.042) this season than any other team but still remained seven points adrift of their domestic rivals.

Bundesliga champions Bayern Munich hold their position in third while Chelsea are the highest ranked English team at fourth.

Arsenal and Manchester United both made the top 10 but remain below sides like Porto, Schalke and Benfica.

Manchester City are the next highest ranked English team in 17th while Tottenham are 21st.

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Liverpool are the only other English side in the top 50. The five-time European champions are 42nd, behind the likes of Anderlecht, Rubin Kazan and Villarreal.

Juventus, who were defeated in this year's Champions League final, earned 32.8 points this season - fewer than Real Madrid (33.042), who they beat in the semi-finals.

(Image: Getty)

So how does the ranking system work?

The rankings are based on the results of clubs from the past five seasons of the Champions League and Europa League.

Teams eliminated in the first qualifying round get 0.5 points while those eliminated in the next round get one point. Those who make it to the group stages get four points. A win in the group stages get two points while a draw earns one.

(Image: Getty)

Reaching the round of 16 earns a team four points while a further point is awarded for each round beyond that a team reaches.

The same rules apply for the Europa League except the point totals are halved.

The club's total coefficient is determined by the sum of the past five seasons plus 20 per cent of the association (country) coefficient.

(Image: Getty)

Real Madrid - 171.999 Barcelona - 164.999 Bayern Munich - 154.883 Chelsea - 142.078 Atletico Madrid - 120.999 Benfica - 118.276 Schalke 04 - 111.883 Porto - 111.276 Arsenal - 110.078 Manchester United - 103.078 Paris Saint-Germain -100.483 Valencia - 99.999 Dortmund - 99.883 Juventus - 95.102 Zenit St. Petersburg - 90.099 Bayer Leverkusen - 87.883 Manchester City - 87.078 Shakhtar Donetsk - 86.083 Basel - 84.875 Napoli - 84.102

Honourable mentions:

Tottenham (21st), Liverpool (42d), Celtic (55th), Newcastle (71st), Everton (74th), Stoke City (87th), Swansea City (90th), Birmingham City (91st), Fulham (93rd), Wigan (99th).