Manchester United have leapfrogged Barcelona and Real Madrid to become the most valuable football club in the world – and the third in all of sport.
United are valued at £2.85bn, up 11 per cent from £2.57bn in 2016.
They have climbed from fifth to third in Forbes’ top 50 rankings. Liverpool, meanwhile, are one of two sides (alongside NBA’s Houston Rockets) who have dropped off the list.
Arsenal fell 20 places and lost 4 per cent of their value, a decline Forbes put down to a fall in the value of the pound following last June’s Brexit vote.
The team who enjoyed the biggest climb, incidentally, was NFL’s Los Angeles Rams – a team owned by Stan Kroenke, who is also Arsenal’s majority shareholder.
FORBES 50 MOST VALUABLE SPORTS TEAMS – 2017
Story by DailyMail