New York: Real Madrid has passed Manchester United as the most valuable soccer team in Forbes' annual estimates.
Forbes valued Real Madrid at USD 3.3 billion in rankings released Wednesday, up 76 percent from last year's estimate of USD 1.88 million.
Manchester United, which had been No. 1 since Forbes started the list in 1994, was second at USD 3.17 billion, a 42 percent increase. Barcelona was third at USD 2.6 billion, followed by Arsenal (USD 1.33 billion), Bayern Munich (USD 1.31 billion), AC Milan (USD 945 million), Chelsea (USD 901 billion), Juventus (USD 694 million), Manchester City (USD 689 million) and Liverpool (USD 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 USD 50.6 million, with USD 44 million from endorsements. Real Madrid's Cristiano Ronaldo was second at USD 43.5 million (USD 21.6 million in endorsements) and Barcelona's Lionel Messi third at USD 40.3 million (USD 20 million in endorsements).