{"id":279937,"date":"2024-05-08T22:00:15","date_gmt":"2024-05-08T21:00:15","guid":{"rendered":"https:\/\/thepeoplesperson.com\/?p=279937"},"modified":"2024-05-08T19:34:24","modified_gmt":"2024-05-08T18:34:24","slug":"manchester-united-placed-as-the-worlds-most-valuable-club-in-2024","status":"publish","type":"post","link":"https:\/\/thepeoplesperson.com\/2024\/05\/08\/manchester-united-placed-as-the-worlds-most-valuable-club-in-2024-279937\/","title":{"rendered":"Manchester United placed as the world’s most valuable club in 2024"},"content":{"rendered":"


\nIt looks like Sir Jim Ratcliffe’s stake in Manchester United was a bargain after all!<\/p>\n

Despite the season setting up to be United’s worst in the Premier League era and off-field changes igniting more excitement than on-pitch performances, United’s brand value remains resistant to the negative impact.<\/p>\n

Sportico have released<\/a> their list of most valuable soccer teams in the world for 2024 and United are first.<\/p>\n

With a value of $6.2 billion, United join elite company with Real Madrid as the only two teams with a value north of $6 billion.<\/p>\n

Third is Barcelona at $5.28 billion while Liverpool and Bayern Munich round out the top five.<\/p>\n

The brand value of the Premier League as a whole is on stark display here, as six of the top 10 spots are taken up by the league’s “traditional top six”.<\/p>\n

However, it is still remarkable to see that leading the race is the team performing the worst on the pitch among them this season.<\/p>\n

Years of success under Sir Alex Ferguson in the Premier League era turned United into a money-making machine but they are arguably paying the price for it.<\/p>\n

That is because their value attracted investors like the Glazers who have bled the club dry and it is a sign of United’s loyal fan following around the world that they still lead lists like these.<\/p>\n

The value is calculated by multiplying a club’s average revenue of the last three years by eight, a standard practice among bankers.<\/p>\n

Eyebrows were raised when Sir Jim was willing to part with more than a billion just for about a quarter stake in United.<\/p>\n

However, the club’s enduring brand value despite not seeing success is proof of the fact that United are a sleeping giant still printing money, with the potential to do so much more with a coherent on-pitch strategy.<\/p>\n

\n

Want to be the first to hear breaking Man United news? For carefully selected, crucial updates, join our WhatsApp channel: https:\/\/bit.ly\/United-Breaking-News<\/a>.
\n\"\"
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