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Published on 2024-03-25 08:55:08
Forbes has released the 2024 list of the World’s Most Valuable Sports Empires, with the top 25 having a total enterprise value of $216 billion (£185bn) — a 24 percent increase from the previous year. Both Manchester United and Manchester City’s owners are featured in the list, with the Glazer Family leading the way with a valuation of $8.02 billion (£6.89bn), which includes ownership of Manchester United and the Tampa Bay Buccaneers. City Football Group, which owns Manchester City, New York City FC, and Melbourne City FC, has a current valuation of $6.85 billion (£5.88bn), a 15 percent increase from the previous year.
Among the richest sports empires in the world, the Wilf Family ranks first with a valuation of $4.95 billion (£3.9 billion), owning the Minnesota Vikings, Orlando City SC, Wise Ventures, and Orlando Pride. Tepper Sports & Entertainment follows, valued at $5.26 billion (£4.15 billion) and owning the Carolina Panthers and Charlotte FC. AMB Sports & Entertainment comes in third with a valuation of $5.5 billion (£4.34 billion) and ownership of the Atlanta Falcons, Atlanta United, PGA Tour Superstore, and AMBSE Ventures. The Jacobs Family rounds out the top four with a valuation of $5.65 billion (£4.46 billion) and ownership of Delaware North, the Boston Bruins, NESN, Minnesota United FC, and New Meta Entertainment.
The Forbes list of the World’s Most Valuable Sports Empires provides insight into the increasing value of sports franchises around the world. The top 25 sports empires have seen significant growth in their enterprise value, reflecting the continued popularity and financial success of sports ownership. The inclusion of both Manchester United and Manchester City’s owners in the list highlights the global stature and financial power of these Premier League clubs. The ranking of sports empires based on their valuation gives a glimpse into the competitive landscape of sports ownership and the wealth generated by successful sports franchises.
Read Original article on Manchester World
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