Manchester United have become the first sports team in
the world with a $3billion (£1.9billion) valuation, according to American
business magazine Forbes.
They come in first place just ahead of American
Football franchise Dallas Cowboys, worth $2.1bn.
According to Forbes: ‘Despite a drop in first quarter
earnings because of a reduction in television revenue, the appetite for shares
of the 19-time English champion has increased due to better earnings, new
sponsorship deals with Japan’s Kansai, and China Construction Bank, and the
potential of much more lucrative English Premier League (Manchester United
currently is in first place) and Champions League payouts this
year.’
Valuable: Rooney and co are
expected to have another successful season
Shares in the Old Trafford club did badly at first when
they were first offered to the public in August last year, but they have soared
over the past few days with the announcements of a number of global sponsorship
agreements.
Meanwhile, Manchester City are poised to overtake
London powerhouses Arsenal and Chelsea to become the Barclays Premier League’s
second-best club at making money.
The champions have surpassed the annual revenues of
Tottenham and Liverpool by winning the title, and should move behind only
neighbours United in the next two years if they maintain similar
success.
Neighbours and rivals: City
have overtaken both Arsenal and Chelsea
City jump five places to seventh in Deloitte’s latest
Football Money League table, which ranks the world’s top 20 teams based on cash
generated each year.
They made £231.1million in 2011-12, up a remarkable
£77.9m (51 per cent) from the previous season to closely trail Arsenal’s £234.9m
and Chelsea’s £261m – revenue bolstered by winning the Champions
League.
There is welcome news too for Newcastle, who make the
list for the first time in three years after finishing fifth in the League. An
increase of £7.1m in broadcast revenue combined with average attendances of
50,280 saw them bring in £93.3m to dislodge La Liga’s Valencia in
20th.
Valuable: Rooney and co are
expected to have another successful season
Neighbours and rivals: City
have overtaken both Arsenal and Chelsea
DELOITTE'S FOOTBALL MONEY LEAGUE
Top: Ronaldo's Real are still
first in Deloitte's Football Money League
1 Real Madrid - £414.7m
(revenue 2011-12)
2 Barcelona - £390.8m
3 Manchester United - £320.3m
4 Bayern Munich - £298.1m
5 Chelsea - £261m
6 Arsenal - £234.9m
7 Manchester City - £231.1m
8 AC Milan - £207.9m
9 Liverpool - £188.7m
10 Juventus - £158.1m
11 Borussia Dortmund - £153m
12 Inter - £150.4m
13 Tottenham - £144.2m
14 Schalke - £141.2m
15 Napoli - £120.1m
16 Marseille - £109.8m
17 Lyon - £106.7m
18 Hamburg - £98m
19 Roma - £93.8m
20 Newcastle - £93.3m
2 Barcelona - £390.8m
3 Manchester United - £320.3m
4 Bayern Munich - £298.1m
5 Chelsea - £261m
6 Arsenal - £234.9m
7 Manchester City - £231.1m
8 AC Milan - £207.9m
9 Liverpool - £188.7m
10 Juventus - £158.1m
11 Borussia Dortmund - £153m
12 Inter - £150.4m
13 Tottenham - £144.2m
14 Schalke - £141.2m
15 Napoli - £120.1m
16 Marseille - £109.8m
17 Lyon - £106.7m
18 Hamburg - £98m
19 Roma - £93.8m
20 Newcastle - £93.3m
Read more: http://www.dailymail.co.uk/sport/football/article-2269509/Manchester-United-valued-3-BILLION-Forbes-magazine.html#ixzz2JI8BRG3a
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