Europa League Cup Champions “Manchester United” has jumpes pass UEFA Champion’s League Cup title retainers “Real Madrid” as the world’s most valuable football team, according to business magazine Forbes.
Forbes’s calculations – which are based on equity plus net debt, revenues and operating income for the 2015-16 season – have United generating £592m during the previous campaign.
The Red Devils were valued at $3.69bn (£2.86bn) and returned to the top of the annual list for the first time in five years.
Spanish club Barcelona were second with a worth of $3.64bn (£2.82bn) as Real $3.58bn (£2.77bn) went down to third.
Six English teams were in the top 10, with Manchester City, Arsenal, Chelsea, Liverpool and Tottenham joining United.
German champions Bayern Munich were fourth, while Italian title winners Juventus were ninth.
Real, who won the Champions League and Spanish title, had been top for the past four years but saw their value drop by 2% as United’s went up by 11%.
“Manchester United’s return to the top spot is a testament to their powerful brand and marketing acumen,” Forbes Media assistant managing editor Mike Ozanian said in a statement.