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Glazers' Manchester United soccer club ranked world's most valuable team, Forbes says


Glazers' Man U is most valuable Club

LONDON — Manchester United was ranked the sport's most valuable team by Forbes magazine for the sixth straight year as a group of investors and fans try to buy the heavily indebted club.

The magazine's valuation is $1.8 billion. The Glazer family, which owns the team and the Tampa Bay Bucs, is resisting the hostile Red Knights campaign to buy the 18-time English champions and their debt of $1.1 billion.

Based on Forbes' estimates, which take into account revenue growth, profitability and debt levels in the 2008-09 season, United is the most valuable sports team in the world. The Dallas Cowboys are valued at $1.65 billion and the New York Yankees at $1.6 billion.

Spain's Real Madrid is second on the soccer list at $1.323 billion, with England's Arsenal third at $1.181 billion.

european champions league: Bayern Munich heads to the second leg of its semifinal against Lyon with a 1-0 lead and without star wing Franck Ribery. Ribery was ejected in the 37th minute Wednesday for a challenge after losing the ball and stepping on Lisandro's ankle. In the other semifinal, defending champion Barcelona is home next week trying to overturn a 3-1 deficit vs. Inter Milan.


Venus bails on Fed Cup

Venus Williams will join her sister Serena on the sideline and won't play for the United States in the Fed Cup semifinals against Russia this weekend.

Venus said she is still rehabilitating a troublesome knee injury. Serena previously pulled out because of a leg issue.

Captain Mary Joe Fernandez will pick either Julia Bosserup or Sloane Stephens for the spot.


Large Indy field boasts 4 champs, 4 women

This year's Indianapolis 500 field will include four former champions and four women, Indianapolis Motor Speedway officials announced.

This is the second consecutive year that 40 entries were filed for the race, the most since 2002.

Defending champion Helio Castroneves will be joined by former winners Scott Dixon, Dario Franchitti and Dan Wheldon. Four women could start at Indy for the first time. Danica Patrick, Milka Duno, Sarah Fisher and Simona De Silvestro filed entries for the May 30 race.

Waltrip teams penalized: NASCAR penalized four teams that fall under the Michael Waltrip Racing for violations at Texas Motor Speedway. It said cars driven by David Reutimann, Martin Truex, Max Papis and Marcos Ambrose failed postqualifying inspections. Reutimann and Truex's cars are owned by Waltrip. Ambrose and Papis drive for teams aligned with it.

"NASCAR indicated we were running a part — a radiator pan — which had not been officially submitted for approval," said Waltrip vice president Cal Wells.

Among the penalties issued were $75,000 fines and seasonlong probation for crew chiefs Bootie Barker (Papis) and Frank Kerr (Ambrose). Papis and Ambrose were both docked 50 championship points.

Crew chiefs Rodney Childers (Reutimann) and Pat Tryson (Truex) were both fined $25,000 and put on probation through Dec. 31.


Boxing: Darryl Austin and Rasalaam Jackson were arrested in the shooting of former U.S. amateur heavyweight champ Adam Willett outside a mall in New York's Long Island. Austin and Jackson pleaded not guilty to assault charges. Willett, who was shot in the torso, is recovering at a relative's home.

Olympics: The U.S. Olympic Committee halted plans to start its own TV network, an idea that was criticized by international officials who saw it as a threat to their deal with NBC.

Times wires

Glazers' Manchester United soccer club ranked world's most valuable team, Forbes says 04/21/10 [Last modified: Wednesday, April 21, 2010 11:21pm]
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