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here is a list compiled by World Soccer magazine:

1 Brazil 1970
2 Hungary 1953
3 Holland 1970
4 Milan 1989-90
5 Brazil 1958
6 Real Madrid 1956-60
7 7 Brazil 1982
8 Barcelona 1991-94
9 Italy 1934-38
10 France 1998- 2000


11 River Plate late 1940s
12 Ajax 1971-73
13 Bayern Munich 1974-76
14 Celtic 1967
15 France 1984
16 Denmark 1986
17 Real Madrid 1998
18 Tottenham 1961
18 Liverpool 1977
20 Manchester United 1999


http://www.worldsoccer.com/greatest/teams.php

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