Real Madrid Overtakes Manchester United as Most Valuable Soccer Team
Real Madrid has overtaken Manchester United as the world's most valuable soccer franchise in world with a value of $3.3 billion, according to a report by Forbes Magazine.
The Glazer family-owned Manchester United slipped to No. 2 in the ranking with a value of $3.1 billion while FC Barcelona ($2.6 billion), Arsenal ($1.3 billion) and Bayern Munich ($1.3 billion) round out the top five.
Real Madrid's estimated value also made it the most valuable sports team in the world, edging the NFL's Dallas Cowboys, whose value was put by Forbes Magazine at $2.1 billion in September 2012.
In January, Forbes reported that the New York Knicks and the Los Angeles Lakers became the first teams in the NBA to be worth more than $1 billion.
In January, business advisory firm Deloitte said that Real Madrid was the first club in any sport to surpass $650 million in revenues in a single year (2011-12 season).
Also, the Wall Street Journal reported this week that Emirates Airlines is set to extend its jersey sponsorship with the club at a price of $39 million a year.
Meanwhile, Forbes reported that highest-earning soccer players, including on-field salary and off-the-field endorsers, are David Beckham ($50.6 million), Cristiano Ronaldo ($43.5 million) and Barca's Lionel Messi ($40.3 million).
Soccer's 20 Most Valuable Teams
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- Branislav Ivanovic Lifts Chelsea to Europa League Crown
- Arsenal Sends FA Cup Winner Wigan to Premier League Relegation
- Manchester City Fires Manager Roberto Mancini
- Aurelien Collin lifts Sporting Kansas City past Houston Dynamo
- Whitecaps Teibert Gives Magical Mother's Day Performance
- Ben Watson Injury-Time Header Wins FA Cup for Wigan
- David Moyes to Replace Sir Alex Ferguson at Manchester United
- Teen May be Charged as Adult for Soccer Referee's Death
- Manchester United Manager Alex Ferguson to Step Down
- Swansea Inflicts Serious Blow to Wigan's Premier League Campaign
- After Coming Out, Robbie Rogers Could Return to MLS
- Own Goal Lifts Chelsea Over Manchester United
- Claudio Bieler Shines as Sporting Kansas City blanks Chivas USA
- Vicious Punch from Young Player Kills Utah Soccer Referee
- Christian Benteke Hat-Trick Lifts Aston Villa over Sunderland
- Chelsea Blanks Swansea, Secures Premier League Top-Four Spot
- Tim Cahill Shines as Red Bulls edge Toronto FC
- Liverpool Blanks Newcastle for Biggest Premier League Road Win
- Luis Suarez Failed to Grasp Seriousness of Bite
- After Bayern Munich Route, Barcelona to Spend $65M on New Players
- Van Persie Hat-Trick Propels Manchester United to 13th Premier League Title
- Liverpool Fines Luis Suarez for Biting Chelsea Defender
- Tottenham Scores Three Quick Goals, Stuns Manchester City
- Per Mertesacker Tallies Lone Goal as Arsenal Edges Fulham
- Chelsea's John Terry willing to sacrifice playing time
- Real Madrid Overtakes Manchester United as Most Valuable Soccer Team
- Robin van Persie Ends Scoring Drought as Man United Wins
- David Beckham Declares Lionel Messi Best Soccer Player in World
- Toronto-Dallas MLS Showdown Ends in Draw
- Tomas Rosicky Shines as Arsenal Edges West Bromwich Albion
- Chelsea, Benfica Take Decisive Edge in Europa Quarterfinals
- Sporting Kansas City Deals Impact first loss
- Galaxy Salvage Draw with Toronto FC as Landon Donovan Returns
- Own Goal Lifts Manchester United Past Sunderland
- US Earns Scoreless Draw with Mexico in World Cup Qualifying
- FIFA Dismisses Costa Rica Appeal Over Loss to US
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