Premier League giants Manchester United have fallen from second position to sixth in Forbes’ list of the world’s most valuable sports teams.
The Red Devils have tumbled four spots and are now behind Spanish giants Real Madrid (third) and Barcelona (fourth) who have retained their positions from 2018.
Five other football clubs make the top 50, they are Bayern Munich (17th), Manchester City (25th), Chelsea (32nd), Arsenal (42nd) and Liverpool(45th).
NFL side Dallas Cowboys have retained their spot at No.1 for the fourth consecutive with a value of $5billion.
Legendary baseball team New York Yankees ($4.6b) are second with basketball side New York Knicks ($4b) completing the top five of the list behind Real ($4.24b) and Barca ($4.02b).
More than half of the top 50 most valuable sports teams are from the NFL while NBA have nine teams in the list.
“On and off the field, in season and out of season, there is a small soap opera going on every day,” owner Jerry Jones told Forbes last year.
“Everyone knows that marketing, especially in this day and time, is just another way to promote the circus, so to speak.”
Forbes’ 50 most valuable sports teams
1. Dallas Cowboys ($5b)
2. New York Yankees ($4.6b)
3. Real Madrid ($4.24b)
4. Barcelona ($4.02b)
5. New York Knicks ($4b)
6. Manchester United ($3.81b)
7. New England Patriots ($3.8b)
8. Los Angeles Lakers ($3.7b)
9. Golden State Warriors ($3.5b)
10. Los Angeles Dodgers/New York Giants ($3.3b)
12. Boston Red Sox/Los Angeles Rams ($3.2b)
14. Washington Redskins/Chicago Cubs ($3.1b)
16. San Francisco 49ers ($3.05b)
17. Bayern Munich ($3.02b)
18. San Francisco Giants ($3b)
19. Chicago Bulls/Chicago Bears ($2.9b)
21. New York Jets ($2.85b)
22. Houston Texans/Boston Celtics ($2.8b)
24. Philadelphia Eagles ($2.75b)
25. Manchester City ($2.69b)
26. Denver Broncos ($2.65b)
27. Green Bay Packers ($2.63b)
28. Atlanta Falcons ($2.6b)
29. Baltimore Ravens ($2.59b)
30. Pittsburgh Steelers ($2.59b)
31. Seattle Seahawks ($2.58b)
32. Chelsea ($2.58b)
33. Miami Dolphins ($2.58b)
34. Oakland Raiders ($2.42b)
35. Minnesota Vikings ($2.4b)
36. Indianapolis Colts ($2.38b)
37. Brooklyn Nets ($2.35b)
38. Houston Rockets/Carolina Panthers/New York Mets
41. Los Angeles Chargers ($2.28b)
42. Arsenal ($2.27b)
43. Dallas Mavericks ($2.25b)
44. Los Angeles Clippers ($2.2b)
45. Liverpool ($2.18b)
46. Arizona Cardinals ($2.15b)
47. St Louis Cardinals/Kansas City Chiefs ($2.1b)
49. Jacksonville Jaguars ($2.08b)
50. New Orleans Saints ($2.08b)