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Man United Forbes' most valuable soccer team again

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By Reuters

<p>(Reuters) – Manchester United are the world’s most valuable soccer club for a second consecutive year, according to the annual list published by Forbes on Tuesday.</p> <p>The English Premier League runners-up, who last year ended European champions Real Madrid’s four-year stint at the top of the list, were valued at $4.12 billion (3.1 billion pounds), up 12 percent from a year ago, Forbes said in a statement.</p> <p>The average value of the top 20, which relates to the 2016-17 season, rose by 14 percent over the period.</p> <p>Real Madrid, who last month won a third straight Champions League title, were second, with a value of $4.08 billion, up 14 percent from the previous year.</p> <p>Barcelona (3 billion pounds), Bayern Munich (2.3 billion pounds) and United’s neighbours Manchester City (1.8 billion pounds) rounded off the top five.</p> <p>Six English clubs feature in the top 10.</p> <p>According to Forbes, which bases valuation on the level of equity plus net debt, Barcelona or Real Madrid could soon take over top spot — the former because of their consistently high performance in the Champions League and the latter because of additional expected revenue from their renovated stadium when completed in four years.</p> <p>Forbes said the 20 most valuable soccer teams are now worth an average of $1.69 billion (1.3 billion pounds), a rise it attributed to the decline in the value of the U.S. dollar relative to the Euro.</p> <p/> <p>The 10 most valuable soccer teams (in billions):</p> <p>1. Manchester United ($4.12)</p> <p>2. Real Madrid ($4.08)</p> <p>3. Barcelona ($4.06)</p> <p>4. Bayern Munich ($3.06)</p> <p>5. Manchester City ($2.47)</p> <p>6. Arsenal ($2.23)</p> <p>7. Chelsea ($2.06)</p> <p>8. Liverpool ($1.94)</p> <p>9. Juventus ($1.47) </p> <p>10. Tottenham Hotspur ($1.23)</p> <p/> <p/> <p/> <p> (Reporting by Frank Pingue in Toronto,; Editing by Neville Dalton)</p>