Manchester United have become the first sports team in the world to be valued at more than $3bn. A surge in the club’s shares after a poor start when they were offered on the New York Stock Exchange in August has seen the overall value of United rise to $3.3bn (£2.1bn).
According to Forbes, United are comfortably ahead of the world’s second-most valuable sports team, the NFL’s Dallas Cowboys, worth $2.1bn (£1.4bn).