Manchester United have been named the world’s most valuable football club by Forbes for the first time in five years.
United were valued at $3.69 billion by the American business magazine, ahead of Spanish giants Barcelona and Real Madrid.
Barcelona are valued at $3.64bn while Real Madrid, ranked first in the list for the past four years, fell to third with a value of $3.58bn.
Bayern Munich ($2.71bn) and Manchester City ($2.08bn) also made the top five. Arsenal, Chelsea, Liverpool, Juventus and Tottenham make up the rest of the top 10.
