Forbes: Real Madrid named most valuable sports team

Forbes: Real Madrid named most valuable sports team
July 16, 2013 - 13:47 AMT

PanARMENIAN.Net - Real Madrid tops Forbes' list of 50 most valuable sports teams, with Manchester United and Barcelona holding the next two spots, AP reported.

Forbes says Real Madrid is worth $3.3 billion. The Spanish power moved up a spot from No. 2 last year.

Man United, which was No. 1 last year, is worth $3.17 million. Barcelona, Real Madrid's fierce rival and Spanish League champions last season, is worth $2.6 billion.

The New York Yankees are fourth with a value of $2.3 billion and the Dallas Cowboys are fifth at $2.1 billion.

Thirty of the 32 NFL teams made the list, along with seven baseball teams and seven soccer teams.

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