Football

Real Madrid still most valuable sports team

Spanish soccer giants Real Madrid retained their title as the world's most valuable sports franchise, according to a poll, released by Forbes on Wednesday, that was again dominated by America's National Football League teams.

Soccer clubs held the top three positions with the European champions valued at US$3.44 billion ($4.27b), topping the list for the second consecutive year.

They were followed by La Liga rivals Barcelona at US$3.2 billion and Premier League club Manchester United at third with $2.81 billion.

Major League Baseball's New York Yankees occupy the No. 4 spot valued at US$2.5 billion.

Also in the top 10 were soccer's Bayern Munich (US$1.85b) and four
NFL outfits.

Four NBA franchises made the Forbes list with the New York Knicks coming in 13th at US$1.4b.

Ferrari are the only Formula One team on the list, coming in 21st with a worth of US$1.2b. - Reuters.