Man Utd ahead of Real Madrid, Barcelona as Forbes names most valuable sports teams [See top 10]

Manchester United are the second most valuable sports team in the world according to Forbes.

The Premier League club is worth an incredible £3.16 billion according to the magazine.

United are ahead of both La Liga giants, Real Madrid and Barcelona in the list, who are third and fourth and valued at £3.13bn and £3.11bn respectively.

Bayern Munich are the only other football team outside the Premier League to make the list, sitting 12th and valued at £2.35bn.

City is 30th (£1.89bn), while Arsenal (£1.71bn) is worth more than London rivals Chelsea (£1.58bn), with the pair ranked at 39th and 46th on the list.

“There has never been a better time to own a top-notch pro sports franchise,” Kurt Badenhausen, a senior editor at Forbes, said.

TOP 10 FORBES LIST

1. Dallas Cowboys £3,67bn (NFL)

2. Man Utd £3.16bn (football)

3. Real Madrid £3.14bn (football)

4. Barcelona £3.11bn (football)

5. New York Yankees £3.07bn (MLB)

6. New England Patriots £2.84bn (NFL)

7. New York Knicks £2.76bn (NBA)

8. Los Angeles Lakers £2.53bn (NBA)

8. New York Giants, £2.53bn (NFL)

10. Golden State £2.38bn (NBA)