That was my reaction when I saw the ‘zig-zag’ third kit from Manchester United, a club I’ve been supporting since I was in Primary 3.
Source: David Beckham | Instagram
But I may start appreciating the kit after looking at it more and more (this has been the case for many of the past Man Utd jerseys that I thought were ugly initially).
Is it the same line of thought for Manchester United as a stock investment?
I’m afraid not.
Before we dive further into the reasons why, let’s explore the various football clubs listed in the world and how they make money.
TL;DR: The League of Listed Football Clubs
|Club and Ticker||Share Price||Market Capitalisation||Last Twelve Months Revenue||Last Twelve Months
|Latest Period Net Cash/(Debt)||Last Twelve Months Free Cash Flow|
|AFC Ajax NV (AMS: AJAX)||€16.88||€309.5 million||€205.7 million||€84.6 million||(€57.8 million)||(€68.9 million|