Real Madrid lead Barcelona in Forbes list but Manchester United the most valuable sports team in the world

The Red Devils beat off competition from Spanish giants and host of NFL sides to top the 50-team list
Manchester United have been named as the most valuable sports team in the world by Forbes magazine.

The Red Devils, who are valued at $1.86 billion (£1.16bn), beat NFL team Dallas Cowboys and the New York Yankees to top the list. United's advertising revenue has a big impact on their valuation, with the club having an £80m, four-year deal with shirt sponsor Aon and a £302.9m, 13-year deal with Nike.

Out of the top 50 sports teams in the annual list, all 32 NFL sides were included, while just eight football clubs from around the world made it.

Spanish giants Real Madrid are in fifth place, making them the second most valuable football club, significantly ahead of rivals Barcelona, who are in 26th spot. Premier League duo Arsenal and Chelsea are in seventh and 46th place respectively.

Bayern Munich, who are in 19th, AC Milan in 34th, and Juventus who were placed 49th, complete the list of football clubs in the illustrious rankings.

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