The value of football clubs continues to surge with two clubs hitting the value of $6bn, according to Forbes Most Valuable Soccer teams list.
Real Madrid topped the list and, significantly, Manchester United ranked second, given the club may well be on the cusp of a takeover as the Glazer family have pondered bids from two primary sources.
Forbes detailed that the increase in value has been accelerated by larger enterprise multiples, underlining the evolution in the way clubs are owned and funded.
Furthermore, the report also highlighted the growth of the MLS, with the sport likely benefiting from a positive World Cup for the US national team, as LAFC, LA Galaxy and Atlanta United all entered the top 20.
French champions PSG are also cited as one of the clubs also likely to surge, with investment incoming as the club continues to invest heavily in players.
Not hindered by a cost of living crisis, the value of clubs has also been elevated by global increases in media rights, as broadcasting deal values continue to grow amid a challenging economic backdrop.
The report once again highlighted the value of English football, with six of the top 10 sides being from the region.
Meanwhile, newly purchased Newcastle United also registered 22nd spot on the list, however, were behind Crystal Palace and West Ham United, who have enjoyed a stellar European run.
In 23rd was Leicester City, emphasising the significance of relegation for the Foxes this year, in what was a monumental shock within English football.