buy nike air max 90 online uk

General Topics and Introductions

Moderators: mgmirkin, Moderators

Post Reply
sonyaany
Reanimator
Reanimator
Posts: 163
Joined: Wed Oct 21, 2015 9:28 pm

buy nike air max 90 online uk

Post by sonyaany »

US investment firm Baron capital buys a quarter of all Manchester United shares

Shares in the club were up 0.1 per cent at $US15.85 in early Tuesday trading, near three month highs.

In 2012, the Glazer family sold 10 per cent of its holding in Manchester United via a stock listing. A filing on the Securities and Exchange Commission showed Baron Capital now owns 24 per cent of those shares, leaving it with an overall stake of 2.5 per cent. Because the Glazers, who also own the NFL's Tampa Bay Buccaneers, control 90 per cent of the shares and even more of the voting shares, Baron's move is not being viewed as a bid to secure a controlling interest in the club. On its website, Baron says it positive on Manchester United's prospects.

London based financial analyst Andy Green, who writes a blog on football finance and advises the Manchester United Supporters' Trust, said the move by Baron Capital appeared to be purely an investment strategy.

is absolutely not the start of any takeover, said Green. could buy all the shares available on the stock market and you Cheap Nike Air Max 2016 would still only have 10 per cent of the club and about 1.3 per cent of the votes. They have a reputation as a long term investment company. Even so, Baron Capital's stock build up helps explain why Manchester United's share price has been slowly rising despite the club's struggles on the pitch this season. It has also been fuelled by expectation of an announcement of a new Nike kit deal worth hundreds of millions of dollars.

Nike deal is still expected to be signed, but has been pushed out from this fiscal year, Baron said.

Manchester United is one of the most lucrative brands in the world of sport even though it's struggling this season following the departure of long time manager Alex Ferguson. As well as winning last year's Premier League, Manchester United topped English soccer last season with $A673.84 million worth of revenues.

Currently lying in sixth place in England's Premier League, it's facing the prospect of not qualifying for next season's Champions League, Europe's top club competition. Its best remaining chance of qualifying Nike Air Max 2016 is to win the competition but it faces an uphill task of going further following a 2 0 first leg defeat to Greece's Olympiakos in the last 16.

A failure to qualify could dent revenues next season at a time when new manager David Moyes is widely expected to embark on an expensive rebuild of the squad.
Post Reply