Manchester United named most valuable sports club in the world

Manchester United has continued to top the Forbes list as the most valuable football club in the world being worth £1.4 billion but Real Madrid are also gaining ground.
United also remain ranked as the most valuable team in any sport, worth $2.24 billion (£1.4 billion), $385 million more than baseball's New York Yankees and the NFL's Dallas Cowboys.
Arsenal are fourth on the list, worth $1.29 billion (£800 million), behind Real Madrid ($1.6 billion, or £1 billion) and Barcelona (£816 million) but just ahead of Bayern Munich (£766 million).
The Forbes list ranks Chelsea in seventh place, worth £474 million, and Liverpool eighth with a value of £386m

United's huge global fanbase, estimated by Forbes to number 330 million, has helped maintain the club's position at the top. However both Real Madrid and Barcelona have higher revenues than United, due in large part to the fact they have negotiated their own individual television rights deals for Spanish football.