Manchester United Football Club is an English professional
football club, 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
.
The 1958 Munich air disaster claimed 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. The current manager, Sir
Alex Ferguson, has won 37 major honours since he took over in November 1986.
Manchester United has won the most trophies in English
football, including a record 19 league titles, a record 11 FA Cups,four League
Cups and 19 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 "Treble" of the
Premier League, the FA Cup and the UEFA Champions League, an unprecedented feat
for an English club.
Manchester United is one of the wealthiest and most widely
supported football teams in the world. As of July 2011, the club is number one
in Forbes magazine's annual ranking of the world's 50 most valuable sports
teams, valued at $1.86 billion.[10] After being floated on the London Stock
Exchange in 1991, the club was purchased by Malcolm Glazer in May 2005 in a
deal valuing the club at almost £800 million.
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