Manchester United Becomes First $3 billion Sports Franchise | TigerDroppings.com
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trackfan
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Manchester United Becomes First $3 billion Sports Franchise

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Manchester United has become the first sports team in the world with a $3 billion valuation.

Shares of the English soccer team, which were offered to the public last August at $14, did poorly at first but have soared the past few days. Closing at just under $17, Manchester United’s stock has outperformed the S&P 500 since its IPO and made the controlling Glazer family and legendary investor George Soros, who bought a big stake in the team shortly after it went public, wealthier.

The recent increase in its stock price has pushed up Manchester Untied’s enterprise value (equity plus debt) to $ $3.3 billion, the highest value of any team in the world. The second most valuable sports team in the world are the NFL’s Dallas Cowboys, worth $2.1 billion.




SabiDojo
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re: Manchester United Becomes First $3 billion Sports Franchise
Incredible.


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WarSlamEagle
Gonzaga Fan
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Member since Sep 2011
17448 posts

re: Manchester United Becomes First $3 billion Sports Franchise


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The Mick
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Member since Oct 2010
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re: Manchester United Becomes First $3 billion Sports Franchise
Wow. And they hate their owner....


tigerpimpbot
LA-Monroe Fan
The 561
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re: Manchester United Becomes First $3 billion Sports Franchise


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WarSlamEagle
Gonzaga Fan
Manchester United Fan
Member since Sep 2011
17448 posts

re: Manchester United Becomes First $3 billion Sports Franchise
They hate him because he's American and he basically took out a loan from the club to buy it. But United keeps spending like they always do and keep on winning, so it's just idiot fans being idiot fans.


BluegrassBelle
Kentucky Fan
Don't hate da slayer, hate da game
Member since Nov 2010
51092 posts

re: Manchester United Becomes First $3 billion Sports Franchise
frick the Glazers


tigerpimpbot
LA-Monroe Fan
The 561
Member since Nov 2011
34540 posts

re: Manchester United Becomes First $3 billion Sports Franchise
quote:

frick the Glazers


And Man U


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The Mick
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Member since Oct 2010
25582 posts
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re: Manchester United Becomes First $3 billion Sports Franchise
quote:

so it's just idiot fans being idiot fans
They just hate Americans over there, pure and simple.


beaverfever
Arkansas Fan
Little Rock
Member since Jan 2008
8117 posts

re: Manchester United Becomes First $3 billion Sports Franchise
I didn't even think they made money.


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WarSlamEagle
Gonzaga Fan
Manchester United Fan
Member since Sep 2011
17448 posts

re: Manchester United Becomes First $3 billion Sports Franchise
I forgot you were a United fan, Mick. Now I feel dumb for typing all that out.


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glassman
USA Fan
Next to the beer taps at Finn's
Member since Oct 2008
103120 posts

re: Manchester United Becomes First $3 billion Sports Franchise
quote:

frick the Glazers



Yep. Belle if you are ever in NOLA I can e-mail you one of the brother's address and you can egg his house.


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