Manchester United Become The Joint-Most Valuable Sports Team In The World

Manchester United executive vice-chairman Ed Woodward before the match.

Reuters/Andrew Boyers

In a period where there has been nothing but disappointment for Manchester United, news of the club’s financial growth across the globe might bring a few smiles back among one and all involved.

The team might not be able to boast about topping tables these days, splashing big in the transfer window or even having the best manager in the country, but what they can proudly talk about now is their value in the arena of Sport.

Forbes, keeping one and all informed about the role of money played, recently reported that the Red Devils’ publicly traded shares on the New York Exchange have gone up 55% over the last year.

To give irony a strong presence, the club hit a high of $26.05 (£20.02) the very day they lost 3-0 at Old Trafford to Spurs.

Despite Jose Mourinho’s woes and records going against his favour, the business side of things seems to be booming at the Theatre of Dreams.

RELATED:

ANALYSIS: The Factors That Have Been Responsible For Man United’s Ongoing Crisis

According to Forbes’ latest rankings, United are now valued at $4.8bn (£3.69bn), which gets them on par with the Dallas Cowboys as the most valuable sports teams in the world.

The 2016/17 season saw the club generate the highest revenue at £566.52m, while recording nearly 50% more operating income than any other team in the sport of football.

Growing a mammoth 19% in the past five years, their commercial revenue is unmatched by any other team on the planet.

What makes them bigger and better is the 23 global partners they have for the current season. Add to that nine regional partners, 20 media partners, and 13 financial partners, and you have the highest valued team in all of sport.