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Real Madrid passes Manchester United as world's most valuable soccer team

 
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NEW YORK (AP)

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Real Madrid has passed Manchester United as the most valuable soccer team in Forbes' annual estimates.

Forbes valued Real Madrid at $3.3 billion in rankings released Wednesday, up 76 percent from last year's estimate of $1.88 million.

Manchester United, which had been No. 1 since Forbes started the list in 1994, was second at $3.17 billion, a 42 percent increase. Barcelona was third at $2.6 billion, followed by Arsenal ($1.33 billion), Bayern Munich ($1.31 billion), AC Milan ($945 million), Chelsea ($901 million), Juventus ($694 million), Manchester City ($689 million) and Liverpool ($651 million).

AC Milan was the only team among the top 10 estimated to decline in value over the past year, dropping 4 percent.

Among players, Forbes estimated Paris Saint-Germain's David Beckham as the highest earner at $50.6 million, with $44 million from endorsements. Real Madrid's Cristiano Ronaldo was second at $43.5 million ($21.6 million in endorsements) and Barcelona's Lionel Messi third at $40.3 million ($20 million in endorsements).

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