Manchester United are no longer the most valuable football brand in the UK, with new figures showing that rivals Liverpool and Manchester City are now worth more.

According to recent data released by Safe Betting Sites, the Red Devils are now worth £2.8 billion. While that is a considerable amount of money, it is noticeably less than Liverpool and Manchester City, who are both worth over £3 billion.

The club's drop in value correlates with their poor performances on the pitch. They had a disastrous campaign last season in which they finished with their lowest ever Premier League points tally (58). The lack of Champions League football in the upcoming season and the uncertainty surrounding Cristiano Ronaldo also wouldn't have helped.

Manchester United have failed to win the Premier League title since Sir Alex Ferguson's last season in charge in 2013, with City and Liverpool claiming the previous five championships.

England's top two are still someway behind some of the most valuable clubs in Europe. Bayern Munich are at the top of the list as the Bundesliga champions are worth over £4 billion. Real Madrid have just snuck ahead of the Merseyside club in second place, as the European champions are worth a shade over £3 billion.