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Real top Forbes' most valuable club list

April 17, 2013
By ESPN staff
Real Madrid have overtaken Manchester United to top Forbes' list of most valuable football teams.

United had been top of the pile since business analyst Forbes first introduced the list in 2004, but now drop down to second. Barcelona lie in third place, while Arsenal and Bayern Munich are fourth and fifth respectively.

Real are valued at £2.15 billion, making them the most valuable sports franchise in the world, and United at £2.07 billion.

Forbes said in a statement: ...

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