Manchester United have fallen behind Real Madrid and Barcelona in Forbes' list of the 50 most valuable sports teams in the world.
In the most recent valuations, United dropped from second to sixth in the space of a year, while Madrid (third) and Barca (fifth) have retained their position from 2018's rankings.
Los Blancos netted more than $100 million for winning its second-straight Champions League crown last year.
A total of five other football clubs feature in the Forbes' top 50.
Bundesliga giants Bayern Munich (17th) are currently ahead of various Premier League teams including Manchester City (25th), Chelsea (32nd), Arsenal (42nd) and Liverpool (45th).
In terms of the top spot, the world's most valuable sports team for the fourth straight year is NFL side Dallas Cowboys, who are worth a whopping $5 billion.
The NFL remains the most dominant sports league when it comes to the worth of its franchises, with more than half of the top 50 featuring American football squads.
According to Forbes' official website, the likes of CBS, NBC, Fox, ESPN and DirecTV paid out more than $260 million per team last year.
So that may indicate why there are so many National Football League sides in the rankings.
Here is the full top 50 list of the most valuable sports teams:
1. Dallas Cowboys ($5b)
2. New York Yankees ($4.6b)
3. Real Madrid ($4.24b)
4. Barcelona ($4.02b)
5. New York Knicks ($4b)
6. Manchester United ($3.81b)
7. New England Patriots ($3.8b)
8. Los Angeles Lakers ($3.7b)
9. Golden State Warriors ($3.5b)
10. Los Angeles Dodgers/New York Giants ($3.3b)
12. Boston Red Sox/Los Angeles Rams ($3.2b)
14. Washington Redskins/Chicago Cubs ($3.1b)
16. San Francisco 49ers ($3.05b)
17. Bayern Munich ($3.02b)
18. San Francisco Giants ($3b)
19. Chicago Bulls/Chicago Bears ($2.9b)
21. New York Jets ($2.85b)
22. Houston Texans/Boston Celtics ($2.8b)
24. Philadelphia Eagles ($2.75b)
25. Manchester City ($2.69b)
26. Denver Broncos ($2.65b)
27. Green Bay Packers ($2.63b)
28. Atlanta Falcons ($2.6b)
29. Baltimore Ravens ($2.59b)
30. Pittsburgh Steelers ($2.59b)
31. Seattle Seahawks ($2.58b)
32. Chelsea ($2.58b)
33. Miami Dolphins ($2.58b)
34. Oakland Raiders ($2.42b)
35. Minnesota Vikings ($2.4b)
36. Indianapolis Colts ($2.38b)
37. Brooklyn Nets ($2.35b)
38. Houston Rockets/Carolina Panthers/New York Mets ($2.3b)
41. Los Angeles Chargers ($2.28b)
42. Arsenal ($2.27b)
43. Dallas Mavericks ($2.25b)
44. Los Angeles Clippers ($2.2b)
45. Liverpool ($2.18b)
46. Arizona Cardinals ($2.15b)
47. St Louis Cardinals/Kansas City Chiefs ($2.1b)
49. Jacksonville Jaguars ($2.08b)
50. New Orleans Saints ($2.08b)