According to Forbes, Manchester United have dropped out of the top three most valuable football clubs in the world.
United are now fourth with a valuation of $4.2bn, while Bundesliga champions Bayern Munich move to third.
Barcelona have overtaken La Liga rivals Real Madrid to take top spot with a $4.76bn valuation.
| Top 10 world’s most valuable football clubs | |
| Club | Valuation |
| Barcelona | $4.76bn |
| Real Madrid | $4.75bn |
| Bayern Munich | $4.22bn |
| Manchester United | $4.2bn |
| Liverpool | $4.1bn |
| Manchester City | $4.0bn |
| Chelsea | $3.2bn |
| Arsenal | $2.8bn |
| Paris St-Germain (PSG) | $2.5bn |
| Tottenham | $2.3bn |
