Manchester United have been unveiled as the third most valuable club in world football, with Manchester City, Chelsea, Arsenal and Liverpool all making the top eight.
According to the Forbes' top 20 list, Real Madrid are the most valuable team for the third year running ahead of La Liga rivals Barcelona who are in second.
Los Blancos are valued at $3.26bn (£2.13bn) - five percent less than in 2014, while Barca are have a value of $3.16bn (£2.07bn).
1 Real Madrid - $3.26billion (£2.13billion)
READ MORE
Ruto's budget limbo deepens as IMF digs in on bailout conditions
Ruto faces renewed headache over shifting Western Kenya backing
You're too inexperienced to advise me, Mbadi tells Winnie Odinga
Emurua Dikirr: Why UDA, rivals should assess poll with caution
2 Barcelona - $3.16billion (£2.07billion)
3 Manchester United - $3.10billion (£2.03billion)
4 Bayern Munich - $2.35billion (£1.54billion)
5 Manchester City - $1.38billion (£905million)
6 Chelsea - $1.37billion (£898million)
7 Arsenal- $1.31billion (£859million)
8 Liverpool - $982million (£644million)
9 Juventus -$837million (£549million)
10 AC Milan - $775million (£508million)