Real Madrid were named the third most valuable sports club in the world by <em>Forbes</em> magazine, with the NFL's Dallas Cowboys topping the list for a fourth straight year. Madrid are the highest placed football club on the magazine's top 50 with a value of $4.24 billion (Dh15.57bn), one place ahead of Spanish rivals Barcelona ($4.02bn) and three ahead of English Premier League club Manchester United, who slipped four places to sixth with a value of $3.81bn. <em>Forbes</em> pegged the value of the Cowboys at $5bn billion. The NFL club owned by Jerry Jones generate twice as much sponsorship and seating revenue at their AT&T Stadium than any other team, <em>Forbes</em> said. Major League Baseball's New York Yankees jumped from fifth last year to second, its value coming in at $4.6bn. Bayern Munich, who last season clinched a seventh successive Bundesliga shield, are 17th with a value of $3.02bn while English champions Manchester City are 25th with a value of $2.69bn. Three other English clubs made the top 50: Chelsea (32nd); Arsenal (42nd); and Liverpool (45th) who in June were crowned champions of Europe after beating Tottenham Hotspur 2-0 in the Champions League final.