UK Soccer Club, Manchester United, Is World’s Most Valuable Sports Team
Football club (soccer), Manchester United, has just become the first sports team in the world to be valued at more than $3 billion, Forbes Magazine reported Monday (January 28).
Shares of the club have surged on the New York Stock Exchange since August, bringing its overall value to $3.3 billion. Shares started at $14 and are now worth just under $17.
According to Forbes, United sits ahead of the second most valuable team, the NFL's Dallas Cowboys, which is worth $2.1 billion.