Man United can gain up to $2 billion via global fan base, says finance expert

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Manchester United could add up to $2 billion to the club's market value if they make investments to further monetize their global fan base, finance expert Neil Joyce told Reuters on Thursday.The club is negotiating granting exclusivity to the consortium led by Qatar's Sheikh Jassim bin Hamad al-Thani in t

Manchester United could add up to $2 billion to the club's market value if they make investments to further monetize their global fan base, finance expert Neil Joyce told Reuters on Thursday.

"If you look into how much enterprise value 250 million revenue would generate, you're talking at least one and a half to 2 billion in additional market cap value. "When you look at the success of Manchester City ... it's really given a sense of what's possible in terms of both success on the pitch and off the pitch as well," Joyce said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines