Manchester United are now the world's most valuable football club at some £2.86 billion after moving ahead of Real Madrid at the top of business magazine Forbes' 14th annual rich list.
According to Forbes' calculations, which are based on equity plus net debt, revenues and operating income for the 2015-2016 season, United generated some £592 million which saw the Old Trafford club return to top spot for the first time in five years.
Spanish giants Barcelona were placed second with an overall worth of £2.82bn, with rivals Real, who won both the La Liga title and Champions League last season, in third place at £2.