Manchester United according to a new report have become the first billion dollar football club in the world.
Manchester United according to a new report are the first football club to pass the one billion dollar mark, making them the most valuable football club in the world
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The Old Trafford outfit have beaten European giants Bayern Munich and Real Madrid to reclaim their number one spot as the most valued football club in the world.
According to a report released by Brand Finance Football 50, Manchester United become the first club to pass the $1billion mark.
The Red Devils are now worth just over $1.2billion almost $300million more than Bundisliga winners Bayern Munich.
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The leap in Manchester United financial power was made possible by their record-breaking new UK broadcast deal for Premier League rights commencing from the 2016-17 season worth $7.8billion.
"Manchester United’s success has been masterminded by , the of football’s commercial sphere," Brand Finance CEO David Haigh said.
"As developed United’s world-beating reputation, Woodward (and United’s owners the Glazers) capitalised on the brand’s growing power to establish a worldwide fan-base and a range of sponsorship deals unrivalled in their number and value."
Real Madrid ($873) Manchester City ($800) and Chelsea ($795) make up the top five.
Barcelona ($773) Arsenal ($703) Liverpool ($577) Paris Saint-Germain ($541) and Tottenham Hotspur round up the top 10.
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See the top 20 clubs below:
1 Manchester United $1206
2 Bayern Munich $933
3 Real Madrid $873
4 Manchester City $800
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5 Chelsea $795
6 Barcelona $773
7 Arsenal $703
8 Liverpool $577
9 Paris Saint-Germain $541
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10 Tottenham Hotspur $360
11 Juventus $ 350
12 Borussia Dortmund $326
13 FC Schalke 04 $302
14 AC Milan $244
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15 Everton $228
16 West Ham United $209
17 AS Monaco $202
18 Southampton $183
19 Galatasaray $177
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20 Inter Milan $160
