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Manchester United named the most valuable club in the world

Manchester United named the most valuable club in the world

- Real Madrid have been overtaken as the most valuable football club in the world

- A report by KPMG states Manchester United is more valuable than Madrid and Barca

- Madrid and United were formerly worth €2.9bn at the end of the 2015-16 season

A report by the KPMG auditors has placed Manchester United as the most valuable football club in Europe ahead of Real Madrid and Barcelona

The Red Devils are valued at €3.004 billion (£2.61bn), ahead of both Real (€2.895bn) and Barcelona (€2.688bn).

Manchester United named the most valuable club in the world

Manchester United are the current Europa League holders

The auditors estimated that Madrid and United were worth €2.9bn at the end of the 2015-16 season.

Manchester United named the most valuable club in the world

Champions League finalist Real Madrid have been overtaken as the most valuable club in the world

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Bayern Munich worth €2.367bn are fourth on the list and Manchester City coming in at fifth at €1.909bn.

Manchester United named the most valuable club in the world

Bayern Munich are the fourth most valuable club in the world

Arsenal, Chelsea, Liverpool, Juventus and Tottenham Hotspur complete the top 10.

The world's 15 most valuable football clubs:

1. Manchester United (€3.004bn)

2. Real Madrid (€2.895bn)

3. Barcelona (€2.688bn)

4. Bayern Munich (€2.367bn)

5. Manchester City (€1.909bn)

6. Arsenal (€1.882bn)

7. Chelsea (€1.524bn)

8. Liverpool (€1.260bn)

9. Juventus (€1.158bn)

10. Tottenham Hotspur (€978m)

11. Paris Saint-Germain (€948m)

12. Borussia Dortmund (€917m)

13. Atletico Madrid (€771m)

14. Schalke (€663m)

15. AC Milan (€504m)

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