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Forbes magazine reveals Man U is world's richest club for eighth successive year

London, Thu, 19 Apr 2012 ANI

London, Apr 19(ANI): Manchester United has topped the Forbes magazine's list as world's richest football club again for the eighth year in a row, following another successful year under Sir Alex Ferguson by his men.

United's old foes and neighbors City have still not broken into the top 10 of the rankings, moving up just two places to 13th.

The next richest English team after United was Arsenal in fourth place, followed by Chelsea at seventh, eighth-placed Liverpool and Tottenham in 11th. Spanish giants Real Madrid are second in the table, followed by rivals Barcelona. Germany's Bayern Munich completes the top five.

"United's global fan-base of some 330million also helps make it the most valuable team in any sport," The Sun quoted the report, as saying.

United landed 103.5 million pound in commercial revenue alone last season. And the Glazer family, who own the club, are thought to be considering putting some of the club on Singapore's stock exchange, which would raise even more funds. (ANI)

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