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.








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


Incredible.





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WarSlamEagle
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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....





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tigerpimpbot
LA-Monroe Fan
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Member since Nov 2011
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re: Manchester United Becomes First $3 billion Sports Franchise








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WarSlamEagle
South Alabama Fan
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Member since Sep 2011
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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.





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BluegrassBelle
Kentucky Fan
Go home Mother Nature, you're drunk
Member since Nov 2010
41081 posts

re: Manchester United Becomes First $3 billion Sports Franchise


frick the Glazers





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tigerpimpbot
LA-Monroe Fan
The 561
Member since Nov 2011
29141 posts

re: Manchester United Becomes First $3 billion Sports Franchise


quote:

frick the Glazers


And Man U






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The Mick
LSU Fan
Member since Oct 2010
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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.






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beaverfever
Arkansas Fan
Little Rock
Member since Jan 2008
7660 posts

re: Manchester United Becomes First $3 billion Sports Franchise


I didn't even think they made money.





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WarSlamEagle
South Alabama Fan
Manchester United Fan
Member since Sep 2011
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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
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Member since Oct 2008
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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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