Manchester United have been named by Forbes magazine as the most valuable sports team in the world for the third year in a row despite debts of £475m.
Forbes estimate that United's continued success on and off the pitch, as well as a new shirt sponsorship deal with Aon worth £20m-a-season over four years, means the club is worth £1.165billion.
Arsenal and Real Madrid also feature in a top 10 that is dominated by NFL teams.
FORBES MAGAZINE TOP 10:
1 Manchester United £1.165billion
2 Dallas Cowboys £1.13bn
3 New York Yankees £1.06bn
4 Washington Redskins £960million
5 Real Madrid £900m
6 New England Patriots £850m
7 Arsenal £740m
8 New York Giants £734m
9 Houston Texans £727m
10 New York Jets £708m.