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Manchester United plc
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== Market Growth == The market for football clubs is growing which can be seen from the big increases in the market values of the teams. When Forbes valued the top 20 teams in 2022, they found an average value of $2.53 billion, whereas the average value of the top 20 years this year (2023) is $2.89 billion which is a 14% increase. Furthermore, revenues increased by 2.5% to an average of $496 million per team.<ref name=":4">https://www.forbes.com/lists/soccer-valuations/?sh=4144e3c2198b</ref> As the most watched and most popular sport in the world, it is clear that there is high demand and this shows in the numbers and growth of football team companies. Manchester United is the second most valuable team in the world, after Real Madrid, and it is the most valuable team in the English Premier League. {| class="wikitable" |+ !Rank !Team !League !Country !Current Value !1-year value change !Revenue |- |1 |Real Madrid |La Liga |Spain |$6.07 B | +19% |$807 M |- |2 |Manchester United |Premier League |England |$6 B | +30% |$779 M |- |3 |Barcelona |La Liga |Spain |$5.51 B | +10% |$721 M |- |4 |Liverpool |Premier League |England |$5.29 B | +19% |$793 M |- |5 |Manchester City |Premier League |England |$4.99 B | +18% |$815 M |} <ref name=":4" /> Manchester United enjoys a commanding position in the football market as seen in the table above and is the undisputed leader in the UK in terms of market value. However this may be subject to change since for the last 5 years their local rival Manchester City has consistently performed better, finishing higher in points in the English Premier League, and receives strong financial sponsorship from Etihad Airways. Manchester United may be dethroned in the future by its domestic competitors listed below. === '''Domestic competitors''' === '''Manchester City:''' Located in the same city, Manchester City represents a significant local rival. The club has witnessed a surge in success in recent years, challenging Manchester United's dominance within the city and the English Premier League. '''Liverpool:''' A historically successful club with a massive fan base, Liverpool consistently competes with Manchester United for league titles and trophies, both domestically and in European competitions. '''Chelsea, Arsenal, and Tottenham Hotspur:''' These London-based clubs boast strong financial backing and competitive squads, providing consistent challenges to Manchester United's pursuit of glory. === '''International competitors''' === '''Real Madrid and Barcelona:''' These Spanish powerhouses have a rich history and global recognition, frequently competing with Manchester United for top talent and titles in European competitions. '''Bayern Munich:''' As the most successful club in German football, Bayern Munich consistently poses a formidable challenge on the domestic and European stages. '''Paris Saint-Germain:''' Supported by substantial financial resources, this French club has experienced a remarkable surge in prominence in recent years, establishing itself as a formidable contender in the global football landscape. === Competitive advantages === Manchester United's competitive advantages include its rich history, global reach, financial resources, strong youth development system, extensive scouting network, and iconic stadium. These factors have contributed to their success and ability to attract top talent and secure lucrative partnerships.
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