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Real Madrid overtakes Man United as most valuable
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

New York • Real Madrid has passed Manchester United as the most valuable soccer team in Forbes' annual estimates.

Forbes valued Real Madrid at $3.3 billion in rankings released Wednesday, up 76 percent from last year's estimate of $1.88 million.

Manchester United, which had been No. 1 since Forbes started the list in 1994, was second at $3.17 billion, a 42 percent increase. Barcelona was third at $2.6 billion, followed by Arsenal ($1.33 billion), Bayern Munich ($1.31 billion), AC Milan ($945 million), Chelsea ($901 billion), Juventus ($694 million), Manchester City ($689 million) and Liverpool ($651 million).

AC Milan was the only team among the top 10 estimated to decline in value over the past year, dropping 4 percent.

Among players, Forbes estimated Paris Saint-Germain's David Beckham as the highest earner at $50.6 million, with $44 million from endorsements. Real Madrid's Cristiano Ronaldo was second at $43.5 million ($21.6 million in endorsements) and Barcelona's Lionel Messi third at $40.3 million ($20 million in endorsements).

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