Manchester United sits atop the list of the World’s Most Valuable Soccer teams, according to Forbes Magazine.
Barcelona is second with a current value of $3.64 million, followed by Real Madrid at $3.58 million. Real Madrid, winners of the last two UEFA Champions League titles, held the No. 1 spot for the previous four years (2013-16).
Bayern Munich ($2.71 billion) and Manchester City ($2.08 billion) round out the top five.
Both Barcelona and Real Madrid generated $688 million.
The second half of the top 10 is predominately English Premier League teams: Arsenal ($1.93), Chelsea ($1.85) and Liverpool ($1.49) are sixth, seventh and eighth, respectively. Tottenham Hotspur is 10th at $1.06 billion.
Juventus from Italy’s Serie A is ninth at $1.26 billion.
From Forbes: The 20 most valuable soccer teams this year are worth an average of $1.48 billion, 3% more than one year ago. The U.S. dollar rose in value relative to the euro during the past year. As a result, although not a single team declined in value year-over-year when measured in euros, 9 of the 20 teams decreased when valued in U.S. dollars.