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

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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. Bwin.com, 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.

Soccer world reacts to the Manchester attacks

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NBC News is reporting that at least 19 people have been killed and another 50 are injured following a possible suicide bombing at an Ariana Grande concert in Manchester.

Multiple senior U.S. intelligence officials who are monitoring British authorities told NBC News that preliminary reports indicate that a single explosion took place outside the arena on the southwest side opposite the train station. The explosion occurred as the concert ended, catching people as they exited.

Soccer personalities around the world are reacting to the horrible event.

Juventus purchases Cuadrado from Chelsea

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If you didn’t realize Juan Cuadrado still belonged to Chelsea, you’re forgiven.

The Colombian attacker will complete his second season at Juventus after the UEFA Champions League Final against Real Madrid, and won’t be headed back to Chelsea afterwards.

Juve has purchased Cuadrado, and the fee is $22 million, and Juve will pay it over three seasons. Cuadrado, 28, is now signed through 2020 with The Old Lady.

Cuadrado first went on loan to Juve in Aug. 2015, and has eight goals and 18 assists in 83 career appearances with the club.

Chelsea bought Cuadrado from Fiorentina for around $32 million in the January 2015 transfer window, but made just 14 appearances with the club.

Report: Jermain Defoe meeting with Bournemouth

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Sky Sports is reporting that Jermain Defoe may head back to the south of England following Sunderland’s relegation.

Defoe, 34, spent two seasons with Portsmouth between 2008-09, scoring 15 goals in 31 appearances.

[ MORE: ‘The Moment’ of each PL club’s season ]

The 56-times capped England striker had a clause in his Sunderland contract allowing him to leave the Stadium of Light were the Black Cats to be relegated, as they were this season. He’d have little interest in dropping into the Championship given his desire to stay a part of the England squad ahead of the 2018 World Cup.

Bournemouth’s strike corps includes Joshua King, who scored the most goals of any player not on a Top Seven side this season. King’s 16 goals were one more than Defoe’s 15, though the latter scored just one goal following a brace against Crystal Palace on Feb. 4.

Chelsea’s Conte wins pair of top managerial honors

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Antonio Conte took league and national honors from the League Managers Association on Monday night.

The Chelsea boss was named Premier League Manager of the Year and Manager of the Year after leading the Blues to the PL title and an FA Cup Final in his first year on the job.

Brighton and Hove Albion boss Chris Hughton nabbed another Championship boss of the year award after leading the Gulls to the Premier League. He also won the honor with Newcastle United in 2010.

The League One winner is Chris Wilder of Sheffield United. Wilder won the honor with Northampton Town last season.

In League Two, Paul Cook of Portsmouth was named the winner.