Manchester United Football Club is an English professional football club who play at Old Trafford in Streford, Greater Manchester. Having won a joint-record 18 league titles and a record 11 FA Cups, Manchester United is one of the most successful clubs in the history of English football, and are the reigning Premier League champions.
The club crest is derived from that of the city of Manchester. The devil on the badge stems from the club's nickname "The Red Devils".
Manchester United is one of the wealthiest and most widely supported football teams in the world. As of July 2012, the club is number one in Forbes magazine's annual ranking of the world's 50 most valuable sports teams, valued at $2.23 billion. 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. In August 2012, Manchester United made an initial public offering on the New York Stock Exchange.
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