American business magazine Forbes has released its latest list of the 10 most valuable football clubs in the world.
Tired of reading? Click through the gallery above to see the 10 most valuable teams in football, according to Forbes.
Premier League giants Manchester United have managed to dethrone 2016/17 UEFA Champions League winners Real Madrid from the top sport for the first time in five years.
Los Blancos have surprisingly dropped down to third, while their arch-rivals FC Barcelona were named in second place.
According to Forbes: "All revenues and operating income figures... are for the 2015-16 season. Team values are enterprise values (equity plus net debt). Operating income is earnings before interest, taxes, depreciation and amortisation, player trading and disposal of player registrations."
The Red Devils were valued at $3.69 billion (R47.4 billion), while the Blaugrana ended up on $3.64 billion (R46.6 billion) and Los Blancos at $3.58 billion (R45.9 billion).
Bundesliga giants Bayern Munich and Manchester City make up the rest of the top five, with valuations of $2.71 billion (R34.7 billion) and $2.08 billion (R26.6 billion), respectively.
Here are the 10 most valuable football teams in the world, according to Forbes:
1. Manchester United (Premier League) – Valuation: $3.69 billion (R47.4bn)
2. FC Barcelona (La Liga) – Valuation: $3.64 billion (R46.6bn)
3. Real Madrid (La Liga) – Valuation: $3.58 billion (R45.9bn)
4. Bayern Munich (Bundesliga) – Valuation: $2.71 billion (R34.7bn)
5. Manchester City (Premier League) – Valuation: $2.08 billion (R26.6bn)
6. Arsenal (Premier League) – Valuation: $1.93 billion (R24.7bn)
7. Chelsea (Premier League) – Valuation: $1.85 billion (R23.7bn)
8. Liverpool (Premier League) – Valuation: $1.49 billion (R19.1bn)
9. Juventus (Serie A) – Valuation: $1.26 billion (R16.1bn)
10. Tottenham Hotspur (Premier League) – Valuation: $1.06 billion (R13.6bn)
Are you surprised that Real have been dethroned? Have your say in the comments section below.
