London, Thursday @PeopleSports11
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. Only NFL side Dallas Cowboys (£3.25 billion) and Major League Baseball’s New York Yankees (£2.86bn) are worth more than the Premier League outfit, Forbes have calculated.
United are valued at £2.85bn, up 11 per cent from £2.57bn in 2016, despite not having won the league or Champions League since 2013. They have climbed from fifth to third in Forbes’ top 50 rankings.
Bitter rivals Liverpool, meanwhile, are one of two sides (alongside NBA’s Houston Rockets) who have dropped off the list. United recently splashed out £75 million on Romelu Lukaku and their rise is in stark contrast with the fortunes of Arsenal, who slipped down the rankings more than any other team.
Arsene Wenger’s side 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. -DAILYMAIL