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

N

ice work John.. have to agree with everything. Never measure your wealth in money.

wexford_blue
We're Not All Jealous Guys...

I

s it the same people that complain about Chelsea that complain about Mayweather? You should by now know what to expect from both, if you can't appreciate how good they are at nullifying their opponents then don't watch them.

Noz2k
Chelsea: This Ending Always Justifies The Means

I

do concede though, that getting rid of Luiz has made them less entertaining. In the same way that driving with both eyes open is less exciting, but probably a good idea.

megabrow (cufc)
Chelsea: This Ending Always Justifies The Means

Footer 365

Jose Mourinho already targeting more success after 'hard-earned' Chelsea title

Jose Mourinho insisted Chelsea were deserved Premier League champions - and then declared himself hungry for more.

Arsene Wenger says Thierry Henry is wrong about Olivier Giroud

Arsene Wenger believes Thierry Henry is wrong to claim Arsenal cannot win the title with Olivier Giroud.

Jose Mourinho and John Terry hit out at critics

Chelsea boss Jose Mourinho and captain John Terry were in defiant mood after the club sealed the Premier League title.

Mail Box

Blaming Van Gaal For United Slump...

Wayne Rooney in midfield, the same balls aimed at Marouane Fellaini...Louis van Gaal has to find a solution. And a Burnley fan embraces relegation...

Shouldn't We Give Players Time?

Do we really want to throw out the baby with the bathwater every single summer? We also have a Man United fan who wants massive investment. And more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company