Real Madrid has been named as the most valuable football club in the world according to Forbes magazine. The Spanish giants, have been valued at just under €3.2 billion and tops the list for the fourth year in a row.
The Champions League finalists are just ahead of Spanish rivals, Barcelona. Both teams and Manchester United are the only football teams in the world to be valued at over €3 billion.
Six Premier League teams made the top-ten of the list, with Manchester United and Arsenal in the top-five.
Despite their relegation, Newcastle United are ranked as the 20th most-valuable team in the world. West Ham United are also in the top-20 and will be expected to rise even higher on the table next-season with an improved television deal and the move to the Olympic Stadium.
NFL team, the Dallas Cowboys remain the most valuable sports-team in the world and are joined by rivals, the New England patriots in the top-five. The American teams book-end the Spanish duo and Manchester United.
Unsurprisingly, Premier League Champions, Leicester City have not made the list.
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