WASHINGTON: Real Madrid has become the most valuable sports team of the world, according to business magazine Forbes.
The Spanish football club are valued at £2.08bn, with American football side Dallas Cowboys and baseball’s New York Yankees (£2.04bn) in joint second.
Real’s La Liga rivals Barcelona (£2.02bn) are fourth. Premier League club Manchester United (£1.98bn) drop from third to fifth.
This is the third consecutive time the club achieved this.
