Based in Manchester, England, Manchester United Ltd operates as one of the top UK’s football clubs, playing in the Premier League. It was originally known as Manchester United PLC. It is also a subsidiary of Red Football Shareholder Ltd. It was originally established as Newton Health LYR Football Club back in 1878. The Manchester United – or more commonly known Man Utd. – team has won a huge amount of trophies for its performance in English football over the years. This includes: 19 league titles; 11 FA Cups; 19 FA Community Shields; 3 European Cups; 1 UEFA Cup Winners’ Cup; 1 UEFA Super Cup; an Intercontinental Cup and an FIFA Club World Cup. Business-wise Man Utd is also extremely successful, in 2011 ranking in Forbes as number one of the world’s 50 most valuable sports teams, being estimated at $1.86billion.