Manchester United have beaten Bayern Munich and Real Madrid to reclaim their position as the biggest brand in world football, becoming the first club to pass the $1billion mark.
Despite another season without silverware, United have overcome Europe's big-hitters at the top of The Brand Finance Football 50, according to a study released on Monday.
The Red Devils are now worth just over $1.2bn (£787.5m), almost $300m more than second-placed Bayern. Real Madrid, Manchester City and Chelsea round out the top five.
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