Manchester United is still the most valuable football club in the world, according to Forbes magazine. The Premier League title holders, who came second in a list compiled by Deloitte in February, again topped the table ahead of Real Madrid. Forbes values United at £1.19bn($1.84bn), Real at £859m ($1.32bn), and Arsenal, in third, at £767m ($1,181m). It uses data on income streams such as broadcast rights, sponsorship and sales of tickets and merchandise. Barcelona is fourth in the 20-team list which includes six clubs from the Premier League plus Liverpool, Chelsea and AC Milan all made the top 10, but the trio's value had each fallen by 19% in the 2008/09 season according to the Forbes calculations.
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