Manchester United are the world's most valuable football club for a second consecutive year, according to the annual list published by Forbes on Tuesday. The Premier League runners-up, who last year ended European champions Real Madrid's four-year stint at the top of the list, were valued at $4.12 billion, up 12 percent from a year ago, Forbes said.
The average value of the top 20, which relates to the 2016-17 season, rose by 14 percent over the period. Real Madrid, who last month won a third-straight Champions League title, were second, with a value of $4.08 billion, up 14 percent from the previous year. Barcelona ($4.06 billion), Bayern Munich ($3.06 billion) and United's neighbours Manchester City ($2.47 billion) rounded off the top five. Six English clubs feature in the top 10.
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