As of July 2012, Manchester United is number one in Forbes magazine's annual ranking of the world's 50 most valuable sports teams, valued at $2.23 billion.
Manchester United Football Club is an English professional football club, based in Old Trafford, Greater Manchester, that plays in the Premier League.
Founded as Newton Heath LYR Football Club in 1878, the club changed its name to Manchester United in 1902.
Manchester United has won many trophies in English football, including a record 19 league titles, a record 11 FA Cups, four League Cups and a record 19 FA Community Shields.