NFL side the Dallas Cowboys have retained their position as the world’s most valuable sports team, according to Forbes Magazine’s annual list

Manchester United, top of the list in 2011 and 2012,  moved above Barcelona and Real Madrid as the most valuable football team at $3.69bn (£2.86bn).

That put United third overall.

The Cowboys’ value increased by 5% to $4.2bn (£3.26bn), with Major League Baseball’s the New York Yankees second on the list at $3.7bn (£2.87bn).…

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