Manchester United first team with a value of U.S. $ 3 billion

Manchester United became the first sports team in the world with a value of over U.S. $ 3 billion. United's stock price rise in New York stock exchange to make this club value hit U.S. $ 3.3 billion. When first offered in August, sales of stock exchanges United not so crowded yet the sea is slow price increases.

United's stock is now in the range of U.S. $ 17 per share, an increase of U.S. $ 3 from the initial offering. Forbes business magazine notes indicate values ​​far surpass United's club clubs NFL, Dallas Cowboys, who estimated about U.S. $ 2.1 billion.

The increase in the value of stocks United made the Glazer family wealth rose sharply. Which also benefited is investor George Soros, who has a 7.5% stake in United. Soros is known as the 22nd richest person in the world. United's commercial growth is expected to be a major trigger for the stock continued to rise in the value of United.

In recent times the club, based at Old Trafford was announced several new sponsorship deal. Still persistence in the Champions League with television rights revenue in the Premier League makes United's stock is still hunted by investors.