The nine-time European football champions Real Madrid have ended Manchester United's run as the world's most valuable soccer team.
According to an annual survey undertaken by Forbes magazine, the value of the Spanish club, owned by its thousands of members, surged 76 percent from a year ago to 3.3 billion US dollars, while Manchester United's rose 42 percent to 3.2 billion dollars.
The top 20 football clubs are worth an average of $968 million US dollars, an increase of 26 percent on last year.
