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Last Updated: Thursday April 22 2010 06:09 GMT

Man United world's richest club

Manchester United football players

Manchester United is the most valuable football club in the world, according to a list released by Forbes magazine.

The Premier League title holders were ranked second earlier this year by another magazine - but are now back on top for the sixth year running.

Forbes valued the Reds at £1.9 billion, Real Madrid came second at £859 million and Arsenal third at £767 million.

The list was compiled using things like sponsorship, sales of tickets and merchandise.

In total, there are six Premier League clubs on the list.

Liverpool came in at sixth, Chelsea in ninth and Tottenham Hotspur at 12th. Big-spending Manchester City trailed in 19th place.

Newcastle United, which was rated as 20th most valuable, was a surprise inclusion after being relegated last year.

However the average worth of the clubs in the list fell 8.5%.