| Posted by | Message |
trackfan 
LSU Fan
Baton Rouge
Member since Sep 2010
10902 posts
| Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:53 am)
LINK /
quote:
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.
|
| Back to top | Share on  |
SabiDojo 
South Alabama Fan
Open to any suggestions
Member since Nov 2010
9571 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:53 am to trackfan)
Incredible.
|
| Back to top | |
WarSlamEagle 
Washington Fan
Golden State Warriors Fan
Member since Sep 2011
12579 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:54 am to trackfan)
|
| Back to top | |
The Mick
LSU Fan
Member since Oct 2010
14937 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:56 am to trackfan)
Wow. And they hate their owner....
|
| Back to top | |
tigerpimpbot 
LA-Monroe Fan
Judicial hell hole 1
Member since Nov 2011
14338 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:56 am to trackfan)
|
| Back to top | |
WarSlamEagle
Washington Fan
Golden State Warriors Fan
Member since Sep 2011
12579 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:59 am to The Mick)
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.
|
| Back to top | |
BluegrassBelle 
Kentucky Fan
Valar Morghulis
Member since Nov 2010
24624 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 9:59 am to trackfan)
frick the Glazers
|
| Back to top | |
tigerpimpbot
LA-Monroe Fan
Judicial hell hole 1
Member since Nov 2011
14338 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 10:01 am to BluegrassBelle)
quote:
frick the Glazers
And Man U
|
| Back to top | |
The Mick
LSU Fan
Member since Oct 2010
14937 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 10:01 am to WarSlamEagle)
quote:
so it's just idiot fans being idiot fans
They just hate Americans over there, pure and simple.
|
| Back to top | |
beaverfever 
Arkansas Fan
Little Rock
Member since Jan 2008
4933 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 10:03 am to trackfan)
I didn't even think they made money.
|
| Back to top | |
WarSlamEagle
Washington Fan
Golden State Warriors Fan
Member since Sep 2011
12579 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 10:03 am to The Mick)
I forgot you were a United fan, Mick. Now I feel dumb for typing all that out.
|
| Back to top | |
glassman 
USA Fan
The Golden Rectangle
Member since Oct 2008
83512 posts
| re: Manchester United Becomes First $3 billion Sports Franchise (Posted on 1/28/13 at 10:11 am to BluegrassBelle)
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. 
|
| Back to top | |
