Fininvest confirmed on Friday it had signed a preliminary agreement to sell 99.93 percent of AC Milan to a group of Chinese investors.
The NFL franchise becomes the first non-soccer team to claim the top spot since Forbes started the rankings in 2011.
For the first time since Forbes' rankings started in 2011, a soccer team did not take the title of most valuable team.
The country beat France after scoring a goal in the 109th minute of the European championship game.
After Portugal won the UEFA Euro 2016 final this weekend, Dean Jones, football insider at Bleacher Report, talks about the team's spirit and how they won against France.
China's richest man is backing plans to launch a Uefa rival, in a bid that would redraw the sport's power structure and finances.
Greg Stobart, chief reporter at Squawka, and sports journalist Pedro Redig de Campos, discuss whether or not Euro 2016 has been a good tournament.
Argentine President Mauricio Macri says he thinks he can convince soccer-star Lionel Messi to stay in the game.
Ken Skates, cabinet secretary for economy and infrastructure at Welsh Government, explains why he believes Wales’ soccer progress will go “from strength to strength”.
The German Football Association teamed up with SAP to develop two new technologies that tapped into the potential of Big Data analytics.
CNBC's Robert Frank reports the court ruling that Lionel Messi and his father defrauded Spanish tax authorities of more than four million pounds between 2007 and 2009.
The long-time owner sold the soccer club to the new owners after being reassured they will invest heavily to return the team to its former glory.
The Barcelona striker and his father were found guilty of three counts of tax fraud.
Soccer player Lionel Messi was sentenced to 21 months in prison after a Spanish court found him guilty of tax fraud, reports CNBC's Scott Wapner.
AC Milan are the latest European football team to move into Chinese ownership after Silvio Berlusconi said he had sold the club, the FT reports.
The Euro 2016 Championship tournament could provide the kick daily fantasy sports need to get going in Europe, says a gaming platform.
The UK gets dumped out of Europe for the second time in one week after losing a soccer match to Iceland.
The 29-year-old soccer star calls it quits after losing to Chile in the Copa America final.
Lionel Messi has retired from playing international soccer with Argentina after the striker missed a penalty in the Copa America final.
Democracy Institute's Patrick Basham discusses how sporting victories might tip the scales for a vote to leave the EU.