Manchester United F.C. In July 2012, Manchester United was ranked first by "Forbes" magazine in its list of the ten most valuable sports team brands, valuing the Manchester United brand at $2.23 billion. The club is ranked third in the Deloitte Football Money League (behind Real Madrid and Barcelona). In January 2013, the club became the first sports team in the world to be valued at $3 billion. Forbes Magazine valued the club at $3.3 billion – $1.2 billion higher than the next most valuable sports team. They were overtaken by Real Madrid for the next four years, but Manchester United returned to
Manchester United F.C. billion. After being floated on the London Stock Exchange in 1991, the club was purchased by Malcolm Glazer in May 2005 in a deal valuing the club at almost £800 million, after which the company was taken private again, before going public once more in August 2012, when they made an initial public offering on the New York Stock Exchange. Manchester United is one of the most widely supported football clubs in the world, and has rivalries with Liverpool, Manchester City, Arsenal, and Leeds United. Manchester United was formed in 1878 as Newton Heath LYR Football Club by the Carriage