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Real Madrid has beaten Manchester United to become the most valuable football team in the world

Real Madrid is the most valuable football team in the world - and the second most valuable team in any sport - according to a new valuation by Forbes.The magazine says the Spanish club is worth $3.65 billion (£2.76 billion), up 12% from last year.Real's rival Barcelona comes third on the list of all sports teams, while Manchester United just makes the top five.

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Real Madrid named world's most valuable football club ahead of Barcelona and Manchester United

Real Madrid have been named the world's most valuable football club for the fourth successive year by Forbes magazine.The Spanish giants won a record 11th European Cup last season and are now worth $3.65bn (£2.76bn; €3.28bn) – a 12% increase from 2015.However, they dropped down to the second place on the list of the world's most valuable sports teams, with NFL side Dallas Cowboys in the first place with a value of $4bn.

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Dallas Cowboys, Real Madrid and Man United ranked in Forbes rich list

Real Madrid have lost their crown as the world's most valuable sports team after NFL side, the Dallas Cowboys, took top spot in Forbes annual list, marking the first time that a football club as not ranked first.The NFL side's £3.03bn valuation saw them surpass the La Liga giants, valued at £2.77bn, on the business magazine's 50 most valuable sports teams list which is beginning to be dominated by the NFL with 27 of the top 50 spots now being held by American football teams.Manchester United, who topped the rankings in 2011 and 2012, were fifth with an estimated value of £2.52bn, and are the only English team to make the top 20.

Real Madrid has beaten Manchester United to become the most valuable football team in the world

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Real Madrid has beaten Manchester United to become the most valuable football team in the world businessinsider