Madrid Knock Utd Off Top Spot
Can you believe it, David Beckham's commercial value has helped Real Madrid overtake Manchester United as the wealthiest club in the world.
The new 'rich list' claims Real picked up £186.2million - £20million more than United - in 2004-05.
United had topped the list for the previous eight years.
United are followed by AC Milan (£158million) and Juventus (£154.9million) in the list, both clubs having benefited by huge recent broadcasting deals, while Chelsea (£149.1million) have slipped a place to fifth.
Arsenal (£115.7million) have dropped from sixth to 10th place after failing to match their fabulous unbeaten season of 2003-04, while Liverpool's Champions League success saw the Reds rise from 10th to eighth, earning £122.4million.
Newcastle (£87.1million) are 12th in the list, Tottenham (£70.6million) 13th,
Manchester City (£60.9million) in 17th and Everton (£60million) 18th.
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