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

  • 📰 staronline
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

(Reuters) - 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 talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday.

"So, it would be definitely appetizing if you're a current owner of Manchester United to look into the future. But equally, there needs to be a level of investment in Manchester United to capitalize onto that global opportunity." "Manchester United has organically been phenomenally successful, leveraging the success and the legacy of the Busby Babes through Sir Alex Ferguson's tenure at the club. ... However, now they're faced with more competitors.

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:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines