Manchester City have been named as the most innovative sports team in the world by research and market intelligence firm Sports Innovation Lab, reports, www.sportspromedia.com/.

City pip Spanish soccer champions Real Madrid to top spot, with Premier LeagueArsenal third. La Liga giants Barcelona and German soccer champions Bayern Munich round out the top five.

The top ten is dominated by European soccer clubs, with only the National Basketball Association's (NBA) Golden State Warriors in sixth and the Sacramento Kings in tenth breaking that hegemony.

Sports Innovation Lab drew the list from the ten most lucrative sports leagues. Eligible teams were assessed across three categories: revenue diversification; organisational agility; and technology alignment. More than 8,000 data sources and in excess of 150,000 market signals were analysed by Sports Innovation Lab's proprietary technology to determine the ranking.

Full list:

1. Manchester City (Premier League)
2. Real Madrid (La Liga)
3. Arsenal (Premier League)
4. Barcelona (La Liga)
5. Bayern Munich (Bundesliga)
6. Manchester United (Premier League)
7. Golden State Warriors (NBA)
8. Paris Saint-Germain (Ligue 1)
9. Juventus (Serie A)
10. Sacramento Kings (NBA)
11. Liverpool (Premier League)
12. Philadelphia 76ers (NBA)
13. New England Patriots (NFL)
14. Green Bay Packers (NFL)
15. AS Roma (Serie A)
16. Borussia Dortmund (Bundesliga)
17. Tottenham Hotspur (Premier League)
18. Toronto Raptors (NBA)
19. Seattle Seahawks (NFL)
20. Chicago Cubs (MLB)
21. Los Angeles Clippers (NBA)
22. San Francisco 49ers (NFL)
23. Cleveland Cavaliers (NBA)
24. Atlético Madrid (La Liga)
25. Schalke 04 (Bundesliga)