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Real Madrid oust Manchester United as world’s most valuable sports team


The rich just keep getting richer.

But one club has to come out on top and there’s been a change at the summit in the latest Forbes list of the world’s richest sports teams.

Bye, bye Manchester United. Hola Real Madrid.

It’s been revealed that Spanish giants Real have knocked the United off the top spot and are now the globe’s richest sports franchise.

Madrid were valued at $3.3 billion, while the Red Devils were close behind in second at $3.165 billion. And rounding off the top three is Barcelona, who are now worth $2.6 billion.

And just to give you an idea of where other sports franchises stand in the top 10 list, here it is:

1st: Real Madrid ($3.3 billion)

2nd: Manchester United ($3.165 billion)

3rd: Barcelona ($2.6 billion)

4th: New York Yankees ($2.3 billion)

5th: Dallas Cowboys ($2.1 billion)

6th: New England Patriots ($1.635 billion)

7th: LA Dodgers ($1.615 billion)

8th: Washington Redskins ($1.6 billion)

9th: New York Giants ($1.468 billion)

10th: Arsenal ($1.326 billion)

So four out of the world’s top ten most valuable sporting franchises are soccer teams, two English, two Spanish. Is that what we’ve come to expect? Yeah.

Certainly Arsenal have made huge strides in recent times, as their stock has risen dramatically since Stan Kroenke poured his considerable wealth into the North London club. Also, the Gunners took home $149 million from matchday revenue in 2011-12 alone, the third-highest in soccer.

But the perennial power struggle between the elite European clubs of Madrid, Manchester and Barcelona shows no signs of giving in. Real’s new sponsorship deals with Adidas and Emirates will bring in $80 million annually, while Chevrolet will be United’s shirt sponsors from 2014-15 after agreeing a deal of $559 million over seven years. Astonishing.

And Manchester United have a sponsor for just about everything. They have 12 main sponsors listed on the homepage for their website., Singha Beer, Hublot watches, Chevrolet, DHL, Mister Potato… you name it, they probably sponsor United. (Well, within reason.)

As other teams start to catch up in terms of matchday revenue and other areas, United and Real will keep progressing. Will there value keep growing? Yes. Will it ever decrease? Probably not.

Soccer is the world’s most popular game and these latest figures from Forbes hammer home that point, and unless something disastrous happens to United and Real, expect these figures to keep rising.

So, just to emphasize it once more, Real Madrid are worth more than the New England Patriots and LA Dodgers… combined.

Sunderland confirm resignation of manager Dick Advocaat

SUNDERLAND, ENGLAND - OCTOBER 03:  Dick Advocaat manager of Sunderland looks on prior to the Barclays Premier League match between Sunderland and West Ham United at the Stadium of Light in Sunderland, United Kingdom.  (Photo by Steve Welsh/Getty Images)
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With rumors swirling of his resignation, Sunderland have confirmed this morning that Dick Advocaat has left his post as Sunderland manager with zero financial compensation despite the protests of the chairman.

Advocaat came on in March as an emergency signing, successfully saving Sunderland from relegation with a solid run of form to finish the season. The 68-year-old Dutchman pondered at length this summer if he wished to continue on, with his wife reportedly urging him to step down, but he chose to continue on with the new season after successful persuasion from the front office.

Unfortunately, things have not gone as planned, with Sunderland sitting 19th in the table, only above Newcastle on goal differential and without a single win on the season. They’ve conceded a whopping 18 goals so far this season through eight league matches.

“I have made the decision to go after only eight games as I felt it was important to give everyone time turn things around – like we did last year,” Advocaat said upon his departure. “I am thankful to the chairman for understanding my feelings and I remain on good terms with everyone at the club.

“I wish Ellis [Short], Lee [Congerton], all of the staff, players and of course the supporters, who made me feel so welcome here, the very best of luck for the rest of the season. I have some wonderful memories to take with me and I hope I will return to see everybody again in the future.”

“I am truly saddened by Dick’s decision,” chairman Ellis Short said, “but I respect him for his honesty and for doing what he feels is right for the club. He is a man of integrity and a true football person. He was hugely respectful of the club in taking this decision and he acted 100% in our best interests. It is also testament to his character that he has forgone any kind of a financial settlement, something which is very unusual in football.”

Meanwhile, the Black Cats have dipped into what is becoming a perennial cycle, making a managerial change for the fourth time in the last four seasons.

Rumors are swirling that a host of experienced Premier League managers could be up for the job, including the currently unemployed Sam Allardyce and Harry Redknapp. Other linked names include former Leicester manager Nigel Pearson and current Burnley boss Sean Dyche.

Sepp Blatter’s daughter slams media for ruining her father’s reputation

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Sepp Blatter’s daughter blames the media, not her father, for Sepp’s downfall as the head of FIFA and believes he will not step down until the February congress as he initially announced.

“The media has ruined his reputation,” Corinne Blatter told Swiss newspaper Blick. “Why are they picking on him? What did he do to them? … It’s not just envy. It’s hatred.”

A host of major sponsors, including Coca-Cola, McDonalds and Visa called for Blatter’s immediate resignation as president of FIFA, to which the 79-year-old swiftly rejected. This all came after Blatter was called in by Swiss authorities for questioning after the opening of an investigation surrounding corporate mismanagement charges.

“I was afraid that they now take him away in handcuffs,” Corinne said. “He told me, ‘I must be dreaming.’ A federal policeman assured me that he could after hearing home.”

Blick pressed Corinne on many issues, all of which she defender her father. She refused to comment on many that had to do with the investigation, but did give us this gem when asked how Sepp likes to spend his money.

“He buys shoes and travel bags. He has worked 40 years. His life is modest, without any extravagance. He doesn’t play golf or go sailing.”

Shoes and handbags. What an image.