Report: United most valuable sports team

Manchester United have become the first sports team in the world to be valued at more than 3billion US dollars.

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 3.3billion US dollars (£2.1billion).

According to Forbes, United are comfortably ahead of the world's second-most-valuable sports team, the NFL's Dallas Cowboys, worth 2.1billion dollars (£1.4billion).

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