Forbes has released it's yearly list of most valuable sports teams in
the world, with Manchester United valued at £2.85bn only behind NFL
side Dallas Cowboys (£3.25billion) and Major League Baseball's New York
Yankees (£2.86bn), making the Manchester club the most valuable football
team on the planet, surpassing Real Madrid and Barcelona in he process.
What
makes Man Utd's rise to the top of the Forbes list more remarkable is
that the club has gone up 11 per cent from £2.57bn in 2016, despite not
having won the league or Champions League since 2013.
Chelsea,
and Manchester City were among four Premier League sides ranked in the
top 50, but Liverpool and Arsenal dropped out of the list.
According
to Forbes.com, ''The cutoff to qualify among the world's most valuable
sports franchises is higher than ever, up 18% this year to $1.75
billion. There are 36 franchises worth at least $1 billion that did not
make the top 50. Credit soaring TV contracts for the rising franchise
values, as well as labor deals with players that almost ensure
profitability barring outrageous spending on payroll by an owner.''
''No
sports league is as profitable as the NFL where the average team earned
an operating profit (earnings before interest, taxes, depreciation and
amortization) of $91 million and no one banked less than $26 million.
The boffo profits helped 29 NFL teams rank among the 50 most valuable
franchises (only the Bengals, Lions and Bills missed the cut). Other
sports include eight MLB clubs and seven each from the NBA and European
soccer.''
'The Dallas Cowboys lead for the
second straight year at $4.2 billion. Jerry Jones' team unseated Real
Madrid last year as the most valuable sports team. The Spanish soccer
powerhouse had ranked No. 1 for three straight years.''
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