Brand Finance report shows club has brand value of $1,170 million.
Manchester United has retained its position as the most valuable football club brand, according to the latest Brand Finance Football 50 2016 report.
The club has a brand value of $1,170 million according to the report, placing it ahead of Real Madrid with $1,148 million.
Barcelona is third with $993 million, followed by Manchester City ($905 million) and Bayern Munich ($867 million).
Perhaps unsurprisingly, following its stellar performance in the Premier League, Leicester City is the fastest growing football club brand.
Brand value is up 132% to $237 million, putting the club in 16th place, up from 42nd in 2015.
Other UK-based clubs to feature in the listing include Arsenal (number 6, with a brand value of $858 million); Chelsea (number 8, $776m); Liverpool (number 9, $748 million); Tottenham Hotspur (number ten, $441 million); Everton (number 13, $279m); and West Ham (number 14, $274m) among others.
When it comes to the most powerful football brands, the report has listed Barcelona as number one, followed by Real Madrid, Bayen Munich, Manchester United and Juventus.
To read more about the Brand Finance Football 50 2016, simply click on this link.