Loading...
Loading Live Scoring...
*All times CAT (GMT+2)

Football | Barclays Premier League

United world's first team to top $3 billion



English Premier League club Manchester United are the world's first professional sports team to be valued at more than $3 billion, according to Forbes Magazine.

A recent surge in the club's shares after a poor start when they were offered on the New York Stock Exchange last year has boosted Manchester United's value to $3.3 billion, a report on Forbes's website said on Monday.

The increase has United, English champions a record 19 times, comfortably ahead of the world's second-most valuable sports team, the National Football League's Dallas Cowboys, worth $2.1 billion.

Forbes put the surge in United shares down to brighter earnings prospects from new sponsorship deals and said the demand could continue given the team's potential for lucrative payouts in the EPL and Champions League.

United, who claim to have 659 million followers worldwide, are owned by the American Glazer family who retained a tight grip on the club after the flotation on the New York Stock

Shop

Gerrard: My Autobiography
Steven Gerrard is a hero to millions, not only as the inspirational captain of Liverpool FC, but as a key member of the England team.
R161.00
Rafa: My Story
Revelatory memoir from the greatest sportsman in the world today.
R182.00
Mitre Monde Soccer Ball - White
Voted as one of the UK's favourite match balls
R219.00


Comments

More expert analysis and opinion from Sport24
The opinions expressed by Sport24 experts and bloggers are theirs alone, and do not necessarily represent those of SuperSport

Event Streaming

Channel Streaming

Other Live Streaming

Event Streaming

Channel Streaming

Sports Talk



Carol Radull
How do you pay tribute to Thierry Henry?
If you’re a fan of the classic musical “The Sound of Music” then you will be familiar with the...

Dr Errol Sweeney
Some refs invite criticism
Why is it that some referees appear to invite criticism? Why is it that some referees put a...

Neil Tovey
Backing Tinkler for the big time
With Vladimir Vermezovic having jumped ship, Orlando Pirates find themselves in a state of flux.

Chima Emmanuel Aguma
Wenger in or out? I say out!
After Arsenal’s loss to Stoke City this past weekend, the call for Arsene Wenger to step down as...

Sunday Oliseh
Football's new undisputed best club?
When Barcelona appointed Pep Guardiola as head coach in 2008, their primary objective was to stop...

Arjun Vidyarthi
Make or break time
Ten years ago today, I remember Andy Gray's iconic commentary at Anfield, when Steven Gerrard...