Football: Manchester United most valuable team

The 19-times Englis­h champi­ons, who are prepar­ing for a listin­g on the NYSE, were valued at $2.23 billio­n.

TORONTO:

Manchester United retained their title as the world’s most valuable sports team, according to Forbes in a list that was dominated by National Football League (NFL) franchises.

The 19-times English champions, who are preparing for a listing on the New York Stock Exchange, were valued at $2.23 billion, up from $1.86 billion last year and 19 per cent above number two Real Madrid ($1.88 billion).

The top 50 list included seven football teams, with Arsenal falling three places to 10th and Barcelona rising 18 spots to eighth. Ferrari was the top motor racing team, listed at 15th, while the New York Knicks, in 43rd place, were the lone National Basketball Association franchise to make the list.

Published in The Express Tribune, July 18^th, 2012.