Manchester United Named World’s Most Valuable Soccer Club

 

Manchester United pic
Manchester United
Image: dailypost.ng

The founder of Iyer Health Shield, Krishen Iyer is a businessman and entrepreneur based in Fresno, California. Outside of his professional life, Krishen Iyer likes to play recreational soccer and follow his favorite soccer team, Manchester United.

Founded in 1878 by railway employees, Manchester United is a worldwide favorite in soccer, with estimates that the team maintains around 659 million fans around the globe. In May of 2017, auditing company KPMG released a report stating that Manchester United had overtaken the Spanish team Real Madrid as the most valuable European soccer club.

The value of Manchester United is estimated to be around 3.1 billion euros, equal to approximately $3.5 billion in US currency. Though the 20-time champions ranked sixth among England’s soccer clubs this past season, the team maintains 26 global sponsorship deals along with a collection of regional sponsors and a host of partner companies in the media and finance sectors.

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