World's 10 most valuable sports teams for 2013

Forbes announced its list of the world’s most valuable sports teams for 2013.

Bundesliga champions Bayern Munich have missed out on a top 10 spot as the treble winners lie in 12th position. The other popular sports teams that missed out on a top 10 spot are Ferrari (21), New York Knicks (23), Los Angeles Lakers (31), AC Milan (37), Chelsea (40), Chicago Bulls and McLaren (both tied at 47).

Here is a look at the top 10 who made this year’s list:

10. Arsenal

Value: $1.326 billion
Owner: Stan Kroenke

Arsenal are valued at $1.326 billion as they claim the 10th spot in the list of most valuable sports teams. In the 2011-12 season, the Gunners collected matchday revenue of $149 million, thanks to a sold out 60,400-seat Emirates stadium. Arsenal strictly follow a model that relies mainly on matchday revenue and player sales. Arsenal have the third highest matchday revenue in Europe, just behind Manchester United and Real Madrid.