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 and moved to Old Trafford in 1910. Manchester United have won twenty League titles, a record eleven FA Cups, four League Cups, and twenty FA Co
mmunity Shields. The club has also won three European Cups, one UEFA Cup Winners' Cup, one UEFA Super Cup, one Intercontinental Cup, and one FIFA Club World Cup. In 1998–99, the club won a continental treble of the Premier League, the FA Cup and the UEFA Champions League, an unprecedented feat for an English club. In 1968, under the management of Matt Busby, Manchester United was the first English football club to win the European Cup. Alex Ferguson won 28 major honours, and 38 in total, from November 1986 to May 2013, when he announced his retirement after 26 years at the club. Fellow Scot David Moyes was appointed as his replacement on 9 May 2013. Manchester United is the third-richest football club in the world for 2011–12 in terms of revenue, with an annual revenue of £395.9 million, and the second most valuable sports team in 2013, valued at £3.165 billion. It is one of the most widely supported football teams in the world. After being floated on the London Stock Exchange in 1991, the club was purchased by Malcolm Glazer in May 2005 in a deal valuing the club at almost £800 million. In August 2012, Manchester United made an initial public offering on the New York Stock Exchange. Manchester United was formed in 1878 as Newton Heath LYR Football Club by the Carriage and Wagon department of the Lancashire and Yorkshire Railway (LYR) depot at Newton Heath. The team initially played games against other departments and rail companies, but on 20 November 1880, they competed in their first recorded match; wearing the colours of the railway company – green and gold – they were defeated 6–0 by Bolton Wanderers' reserve team. By 1888, the club had become a founding member of The Combination, a regional football league. Following the league's dissolution after only one season, Newton Heath joined the newly formed Football Alliance, which ran for three seasons before being merged with the Football League. This resulted in the club starting the 1892–93 season in the First Division, by which time it had become independent of the rail company and dropped the "LYR" from its name. After two seasons, the club was relegated to the Second Division.
- MANCHESTER UNITED - A GLOBAL BRAND -
Manchester United has been described as a global brand; a 2011 report by Brand Finance, valued the club's trademarks and associated intellectual property at £412 million – an increase of £39 million on the previous year, valuing it at £11 million more than the second best brand, Real Madrid – and gave the brand a strength rating of AAA (Extremely Strong). In July 2012, Manchester United was ranked first by Forbes magazine in its list of the ten most valuable sports team brands, valuing the Manchester United brand at $2.23 billion. The club is currently ranked third in the Deloitte Football Money League (behind Real Madrid and Barcelona). In January 2013, the club became the first sports team in the world to be valued at £3 billion. Forbes Magazine valued the club at £3.3 billion – £1.2 billion higher than the next most valuable sports team.
