Manchester United have replaced European champion Real Madrid as the world's most valuable football team, according to the annual list published by Forbes on Tuesday.
United were valued at $3.69bn, an 11% jump compared to last year. That was a testament to the team's powerful brand and marketing acumen, Forbes said in a statement.
Barcelona were second on the list with a value of $3.64bn while Real, who held top spot for the last four years, fell to third place with a value of $3.58bn.
Rounding out the top five were Bayern Munich ($2.71bn) and Manchester City ($2.08bn).
Six Premier League teams featured in the top 10, with United and City joined by Arsenal ($1.93bn), Chelsea ($1.85bn) Liverpool ($1.49bn) and Tottenham Hotspur ($1.06bn).
German champion Bayern were ranked fourth while Serie A champion Juventus ($1.26bn) were ninth.
Forbes also said the average value of the top 20 teams rose 3% over last year to $1.48bn.


