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Manchester United surge above Real Madrid as world's most valuable club despite finishing sixth as Premier League sides lead charge in rich list

Manchester United may have failed to finish in the top four for the last two seasons but have been named the most valuable club in the world.

Professional services firm KPMG's latest study has United ahead of Real Madrid and Barcelona despite the Glazer-owned club owing almost half a billion pounds of debt.

The rich list saw a number of English clubs lead the charge with six of the top ten richest sides competing in the Premier League.

Manchester United are the most valuable club in world football according to KPMG
Manchester United are the most valuable club in world football according to KPMG

The English game's growing financial muscle is highlighted in the second year of KPMG's report.