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.
Manchester United have won many trophies in English football, including a record 20 League titles, a record 11 FA Cups, four League Cups and a record 20 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 continental treble of the Premier League, the FA Cup and the UEFA Champions League, an unprecedented feat for an English club.
Manchester United was the first English football club to win the European Cup
Manchester United is the third-richest football club in the world for 2011–12 in terms of revenue, with an annual revenue of €395.9 million, and the second most valuable club in 2013, valued at $3.165 billion. It is one of the most widely supported football teams in the world. 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.
Manchester United is reputed to be the most popular football club in the world, with one of the highest average home attendance in Europe. The club states that its worldwide fan base includes more than 200 officially recognised branches of the Manchester United Supporters Club (MUSC), in at least 24 countries. The club takes advantage of this support through its worldwide summer tours. Accountancy firm and sports industry consultants Deloitte estimate that Manchester United has 75 million fans worldwide while other estimates put this figure closer to 333 million.
Supporters are represented by two independent bodies; the Independent Manchester United Supporters' Association (IMUSA), which maintains close links to the club through the MUFC Fans Forum, and the Manchester United Supporters' Trust (MUST). After the Glazer family's takeover in 2005, a group of fans formed a splinter club, F.C. United of Manchester. The West Stand of Old Trafford – the "Stretford End" – is the home end and the traditional source of the club's most vocal support.