United value passes £2bn mark

Manchester United are the first professional sports team to be valued at more than £2bn according to Forbes Magazine.

Last Updated: 29/01/13 at 09:27 Post Comment

Manchester United valued at $3.3bn according to Forbes Magazine

Manchester United valued at $3.3bn according to Forbes Magazine

A report on Forbes' website on Monday said a recent surge in their share price had boosted the club's value to £2.1bn.

Their shares struggled in early trading on the New York Stock Exchange but have since improved, although they closed 41 cents lower at $16.48 on Wall Street on Monday.

The increase leaves 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, who are worth £1.34bn.

Forbes put the surge in 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 Premier League and Champions League.

Related News

Most Commented

Readers' Comments

O

K FIFA we're done, you can ban us now

jimmyjazz
Barcelona transfer ban upheld

A

h Daniel. I could spend hours on this subject putting the world to rights. You can even take a step back and ask why football fans (and society in general) have this need to know that something will happen before it actually does. There are times this important, when it comes to things like war, food production and natural disasters. A man you've never met changing his job? Not so much.

ajsr1982
Time To Burst The ITK Bubble

G

reat article. Hits the nail on the head. Encapsulates why I don't read tabloid newspapers anymore. The only thing worse is the 'told you so first' headline when they get lucky.

ianonabeach
Time To Burst The ITK Bubble

Footer 365

Transfer News: Bruce confirms Hull are eying Vincent Aboubakar

Hull City manager Steve Bruce has revealed the club are considering a move for Lorient forward Vincent Aboubakar.

Premier League: Edin Dzeko signs new four-year Manchester City deal

Edin Dzeko has signed a new four-year contract with Manchester City.

Champions League: Callum McGregor on target in Celtic draw

Celtic claimed a 1-1 draw with Maribor in Slovenia in the first leg of their Champions League play-off clash.

Mail Box

So Long And Good Luck To Nani

A Mailbox that offers best wishes to a departing hero, defends Olivier Giroud, tells us to steady on over Calum Chambers and makes some amusing predictions...

Mailbox: Feeling Sorry For Poor TC23

If there's one loser in all the machinations at Man United, it's poor TC23. We have mercifully few mails on United, but lots on Arsenal and in particular Olivier Giroud...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property