Manchester United surpass Real Madrid as world’s most valuable club

Manchester United Old Trafford

United’s new £750million kit deal with Adidas has seen them overtake Madrid as the most valuable football club.

Manchester United have surpassed Spanish giants Real Madrid as the most valuable football club in the world, according to Wall Street.

United are now worth approximately £2.1billion, with their £750million deal with kit supplier Adidas providing the catalyst to being the most valuable club on the planet.

The Reds ditched 13-year long kit sponsors Nike last week to sign an agreement with Adidas, a decision that has seen their value rise by almost five percent.

Real Madrid had been the club most recently deemed most valuable in the world, as a report in Forbes in April stated they were worth £1.92billion. But United have now rocketed past the European Champions, despite not qualifying to join Madrid in the Champions League next season.

New coach Louis van Gaal has taken charge of the Old Trafford club for the first time on Wednesday, as he bids to ensure United are as successful on the pitch as they are commercially.

The club have not been shy in boasting their wealth in the transfer market so far this summer, having already spent near on £60million on improving their squad. Luke Shaw joined earlier this month from Southampton for close to £30million, along with Spanish midfielder Ander Herrera, who was recruited from Athletic Bilbao.

United have also been linked with World Cup stars Arturo Vidal and James Rodriguez, as they are expected to exercise their transfer budget further before the start of the new Premier League season next month.

Despite their unsuccessful campaign last season, United's money-making powers have somehow secured them as the world's most valuable club, with trophies now needed in the short-term future to supplement their financial status.

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