Manchester United Football Club is an English professional footballclub, 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 and is one of the most successful clubs in English football. Manchester United have won the most League titles (20) of any English club, [ 3 ]a joint record 11 FA Cups, four League Cups, and a record twenty FA Community 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 trebleof the Premier League, the FA Cup and the UEFA Champions League. The 1958 Munich air disasterclaimed the lives of eight players. In 1968, under the management of Matt Busby, Manchester United was the first English football club to win the European Cup. Alex Fergusonwon 28 major honours, and 38 in total, from November 1986 to May 2013, [ 4 ] [ 5 ] when he announced his retirement after 26 years at the club. [ 6 ]On 19 May 2014, Louis van Gaalwas appointed as the clubs new manager after Fergusons successor David Moyes was sacked after only 10 months in charge, [ 7 ]with the clubs record appearance-maker Ryan Giggsappointed as his assistant. Manchester United is the third-richest football clubin the world for 2011–12 in terms of revenue, with an annual revenue of €395.9 million, and the second most valuablesports team in 2013, valued at $3.165 billion. [ 8 ]It is one of the most widely supported football teams in the world. [ 9 ] [ 10 ] [ 11 ] [ 12 ]After being floated on the London Stock Exchangein 1991, the club was purchased by Malcolm Glazerin May 2005 in a deal valuing the club at almost £800 million. [ 13 ]In August 2012, Manchester United made an initial public offeringon the New York Stock Exchange. [ 14 ]
Posted on: Wed, 02 Jul 2014 07:20:23 +0000
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