Real Madrid Passes Manchester United, Tops Forbes’ List of World’s Most Valuable Soccer Teams

Nani and Cuneyt CakirReal Madrid knocked Manchester United out of the UEFA Champions League in March. The Spanish giant passed its English counterpart off the field in April.

Real Madrid has overtaken United to become the world’s most valuable soccer club. American financial magazine Forbes released the newest version of its annual list which ranks the most valuable clubs, and Real tops it for the first time.

“Real Madrid, which posted revenue of $650 million during the 2011-12 season, is worth $3.3 billion [£2.15 billion], more than any team in the world,” Forbes reports. “Los Merengues generated operating income (earnings before interest, taxes, depreciation and amortization and player trading) of $134 million, more than any soccer team and second only to the NFL’s Dallas Cowboys ($227 million) among all sports teams.”

United had topped the list every year since rankings began in 2004. Forbes estimates that the Premier League club is $3.17 billion (£2.07…

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