By Michael Raven
14 Jul 2011 11:32:00
Sir Alex Ferguson – Manchester United (Getty Images)
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Manchester United have been named as the most valuable sports team in the world by Forbes magazine.
The Red Devils, who are valued at $1.86 billion (£1.16bn), beat NFL team Dallas Cowboys and the New York Yankees to top the list.
Out of the top 50 sports teams in the annual list, all 32 NFL sides were included, while just eight football clubs from around the world made it.
Real Madrid, in fifth place, are the second most valuable football club, while Arsenal and Chelsea are in seventh and 46th place respectively.
United’s advertising revenue has a big impact on their valuation, with the club having an £80m, four-year deal with shirt sponsor Aon and a £302.9m, 13-year deal with Nike.
The club also gain their revenue from the club’s fanbase, with an estimated 333,000,000 supporters around the world.
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Manchester United named as world’s most valuable sports team by Forbes