Real Madrid and Manchester United have been ranked as the most valuable football clubs in Europe with both sides having the same value.
This according to a survey carried out by KPMG.
Both teams were valued at €2.905 billion. Spanish champions Barcelona are in third with an estimated value of €2.758 billion. Bayern Munich and Arsenal completes the top five.
United have not enjoyed success on the pitch, but Ed. Woodward has been doing a great job on the business side.
The new deal with Adidas and a couple of other endorsement deals the club have signed over the last twelve month have boosted the team's financial standing.
United will be hoping the expected appointment of José Mourinho as the team's new manager will be able to being success on the footballing side.
There were five premier League sides in the top 10.
Here's a list of the most valuable 32 European football clubs via Rob Harris.
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