Manchester United Football Club felt that going
public has not only advantages but also disadvantages. Investors are deemed too risky a deal to buy the club a
new player.
Club last week, pleased fans the news of the conclusion of a four-year contract with the Dutch striker Robin van Persie. Appeared after this in the press about the transaction value - 24 million pounds - distressed investors. Manchester United's share price on the New York Stock Exchange on Thursday fell to its lowest level in a week that has passed since the company IPO. The exchange was closed on Thursday, the club shares fell 2% to $ 13.77, on Friday continued to move lower: in the trading securities fell by 2.54% to $ 13.42.
Van Persie spent last season in the status of the captain of the club and Arsenal was the best scorer of England, however, some experts believe that with all the merits of Manchester United player for it overpaid. Van Persie had a series of injuries that made him miss the game more than once during the contract with Arsenal.
"This is a very unconventional business decision - to take the injured 29-year-old, while the peak of the form strikers have for 24 years", - said Simon Cooper, a football commentator. Shareholders and sponsors of the club approved a deal to make a good impression on the fans, he said. Signed a contract with Van Persie, Manchester United away from its tradition of buying young players, which you can then sell to make money.
Manchester United in a pre-IPO investment memorandum reported that his transfer spending this year will be about 50 million pounds, and is the largest annual budget for the time since 2005, when the club for 790 million pounds purchased Glazer family. In subsequent years, the budget will be reduced to 25 million pounds.
Capital costs are very important for investors, but they would not take any decision on the basis of individual transfers, explained before the IPO a source familiar with the details of the placement. Management "sells" the potential investors of the club to attract television advertising, which is associated with the power of the brand, rather than by transfer decisions, he explained.
More transaction sponsors and partners like Arsenal. Many do not hide that they considered folly to give a competitor the best player of the Premier League. Back in July, when van Persie announced the decision not to renew his contract with Arsenal, the second largest shareholder of the club, Alisher Usmanov (he is almost 30% of shares), expressed his dissatisfaction with the policy management.
But Arsenal are not the only club, talented players who have switched to a competitor. In that day, when van Persie announced his departure from Arsenal, it was announced that Tottenham striker Luka Modric will sign with Real Madrid contract worth 27.5 million pounds.
Club last week, pleased fans the news of the conclusion of a four-year contract with the Dutch striker Robin van Persie. Appeared after this in the press about the transaction value - 24 million pounds - distressed investors. Manchester United's share price on the New York Stock Exchange on Thursday fell to its lowest level in a week that has passed since the company IPO. The exchange was closed on Thursday, the club shares fell 2% to $ 13.77, on Friday continued to move lower: in the trading securities fell by 2.54% to $ 13.42.
Van Persie spent last season in the status of the captain of the club and Arsenal was the best scorer of England, however, some experts believe that with all the merits of Manchester United player for it overpaid. Van Persie had a series of injuries that made him miss the game more than once during the contract with Arsenal.
"This is a very unconventional business decision - to take the injured 29-year-old, while the peak of the form strikers have for 24 years", - said Simon Cooper, a football commentator. Shareholders and sponsors of the club approved a deal to make a good impression on the fans, he said. Signed a contract with Van Persie, Manchester United away from its tradition of buying young players, which you can then sell to make money.
Manchester United in a pre-IPO investment memorandum reported that his transfer spending this year will be about 50 million pounds, and is the largest annual budget for the time since 2005, when the club for 790 million pounds purchased Glazer family. In subsequent years, the budget will be reduced to 25 million pounds.
Capital costs are very important for investors, but they would not take any decision on the basis of individual transfers, explained before the IPO a source familiar with the details of the placement. Management "sells" the potential investors of the club to attract television advertising, which is associated with the power of the brand, rather than by transfer decisions, he explained.
More transaction sponsors and partners like Arsenal. Many do not hide that they considered folly to give a competitor the best player of the Premier League. Back in July, when van Persie announced the decision not to renew his contract with Arsenal, the second largest shareholder of the club, Alisher Usmanov (he is almost 30% of shares), expressed his dissatisfaction with the policy management.
But Arsenal are not the only club, talented players who have switched to a competitor. In that day, when van Persie announced his departure from Arsenal, it was announced that Tottenham striker Luka Modric will sign with Real Madrid contract worth 27.5 million pounds.
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