Arsenal - 39 Honours Liverpool - 63 Honours Liverpool
As far as history, Manchester United has more trophies than Arsenal, and are currently doing better in the Premier league.
The wonderful Manchester United have won more trophies (16) than Chelsea (12) in the last 10 years from 2002 to 2012. This includes Community Shields as well.
Here Barcelona have won more trophies then Manchester United.
Arsenal
Manchester United. By a distance.MUFC : 58 Trophies including every major honour and 3 European cups.CFC : 21 Trophies including minor ones and no European cups.
It is Manchester United.
arsenal have beaten Manchester utd way more times
Both Liverpool and Manchester united have 18 E.P.L trophies each.
Manchester United for sure.
Manchester United have defifinately won more matches then Manchester City.
Real Madrid has won more trophies than Manchester United, having won 71 titles, while Manchester have only 56.