Spanish football clubs Real Madrid and Barcelona are champions at making money after they were named as the world’s two richest sports franchises.
For the second successive year, Forbes business magazine tagged European champions Real Madrid as the number one sports team with a value of USD 3.44 billion, according to the Financial Express.
Barcelona are second in the chart with a current value of USD 3.2 billion, while English giants Manchester United are ranked at three at USD 2.81 billion despite their miserable season.
The only other football club in the top 10 are German champions Bayern Munich whose current value of USD 1.85 billion is good enough for seventh spot.
The rest of the top 10 is from Major League Baseball and the National Football League.
The average value of the top 50 teams is USD 1.34 billion, which is an 8 percent increase from last year, according to Forbes which has been rating the world’s leading sports clubs since 1998.