Manchester United are still the kings when it comes to brand worth despite their recent dry spell in the Premier League after the club was named as the most valuable football club according to Forbes magazine.

In the recently released Forbes Fab 40 which underlines the top 40 most valuable brands in the world of sports, United were placed at the fourth spot, ahead of Barcelona in the fifth.

The Forbes Fab 40 determines the value of the top brands in sports by quantifying the amount by which the name contributes to the value of the athlete, business, event or team. Business brand values are the amount the enterprise value of the sports business exceeds the average enterprise value of comparable businesses.

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United’s value was estimated at £425m while that of Barcelona was determined at £405m.

Barcelona’s rivals Real Madrid were placed in the sixth spot with a brand value of £385m. No other football team featured in the top 10 brands with American football outfit Dallas Cowboys taking the top spot with a whopping value of £676million.

While United’s and Barcelona’s brand value has risen by 12.8 percent and 5.5 percent respectively over the past year, Champions League winners Real Madrid have seen their value drop by 2.1 percent.

The top 10 list was dominated by the United States with seven of its sporting brands finding a place.