Manchester United are the world's most valuable soccer club for a second consecutive year, according to the annual list published by Forbes on Tuesday.
The English Premier League runners-up, who last year ended
European champions Real Madrid's four-year stint at the top of the list, were
valued at US$4.12 billion, up 12% from a year ago, Forbes said in a statement.
The average value of the top 20, which relates
to the 2016-17 season, rose by 14% over the period.
Real Madrid, who last month won a third straight
Champions League title, were second, with a value of US$4.08 billion, up 14%
from the previous year.
Barcelona (3 billion pounds), Bayern Munich (2.3
billion pounds) and United's neighbours Manchester City
(1.8 billion pounds) rounded off the top five.

Manchester United manager
Jose Mourinho lined up with his players before the FA Cup final with Chelsea on May 19, 2018.
(Photo: Reuters)
Six English clubs feature in the top 10.
According to Forbes, which bases
valuation on the level of equity plus net debt, Barcelona or Real Madrid could soon take over
top spot - the former because of their consistently high performance in the
Champions League and the latter because of additional expected revenue from
their renovated stadium when completed in four years.
Forbes said the 20 most valuable soccer
teams are now worth an average of US$1.69 billion (1.3 billion pounds), a rise
it attributed to the decline in the value of the US dollar relative to the
Euro.
The 10 most valuable soccer teams (in
billions):
1. Manchester
United (US$4.12)
2. Real Madrid (US$4.08)
3. Barcelona
(US$4.06)
4. Bayern Munich (US$3.06)
5. Manchester City
(US$2.47)
6. Arsenal (US$2.23)
7. Chelsea
(US$2.06)
8. Liverpool
(US$1.94)
9. Juventus (US$1.47)
10. Tottenham Hotspur (US$1.23)
Source: NDO
In recent years, Lac Thuy district has paid increasing attention to investing in cultural and sports infrastructure. These grassroots facilities have attracted a large number of residents to participate in recreational and cultural activities, physical training, and community engagement, contributing to the development of cultural life and the local socio-economic growth.
In recent years, the mass physical training and sports (PTS) movement in Hoa Binh province has developed strongly and spread widely. Regardless of age, gender or occupation, people actively participate in physical training, creating a vibrant and enthusiastic sports atmosphere within the community.
Recently, Hoa Binh’s athletes have continued to show strong performances at national-level competitions. Alongside elite athletes, several standout performers have emerged from grassroots sports movements, underlining the province’s growing sports culture.
From April 26 to 27, at the Provincial Sports Arena, the Hoa Binh Provincial Karate Federation organized the 2025 Hoa Binh Open ASUDO Karate Championship.
While modern sports like volleyball and football continue to grow in popularity, traditional folk games and ethnic sports remain a vibrant and essential part of cultural life among the Muong community in Hoa Binh province.
A total of 85 young players from across Hoa Binh province recently participated in the provincial Youth Table Tennis Tournament. Organised by the provincial Centre for Youth Activities, the event was part of activities to celebrate the 94th founding anniversary of the Ho Chi Minh Communist Youth Union (March 26, 1931 – 2025) and the 79th anniversary of Vietnam Sports Day (March 27, 1946 – 2025).