Manchester United is still the most valuable football club in the world, according to Forbes magazine. The Premier League title holders again topped the table this year ahead of Real Madrid. Forbes values United at £1.19bn($1.84bn), Real Madrid at £859m ($1.32bn), and Arsenal, in third, at £767m ($1,181m).
It uses data on income streams such as broadcast rights, sponsorship and sales of tickets and merchandise. Barcelona is fourth in the 20-team list which includes six clubs from the Premier League plus Newcastle United who have spent this season playing in the Championship. Liverpool, Chelsea and AC Milan all made the top 10, but the trio’s value had each fallen by 19% in the 2008/09 season according to the Forbes calculations.