INEOS Makes Offer to Acquire Manchester United from Glazers
January 31, 2023
Trending News ☀️
The team has a global fanbase of millions and plays in the English Premier League. The offer from INEOS, who purchased French soccer club OGC Nice in 2019, has been confirmed by the company itself to Reuters. They have not disclosed the amount of money involved in the deal, but it is believed to be around £3 billion. Many Manchester United ($NYSE:MANU) fans have welcomed the news, as they have long been unhappy with the Glazers’ ownership of the team. They have accused the Glazers of not investing enough money into the team and of being more interested in making a profit than in winning trophies.
It is hoped that with INEOS at the helm, the team will be able to compete for major trophies once again. It remains to be seen if the Glazers will accept INEOS’s offer, but it seems like a good opportunity for the team to move forward under new ownership. If INEOS does take control of Manchester United, it will be interesting to see how they manage the club and what impact their ownership will have on the team’s success.
Stock Price
The news was met with mostly positive reactions from fans and analysts, who have long wanted the Glazers to leave the club. The day after the news broke, Manchester United‘s stock opened at $23.0 and closed at $22.8, down by 0.7% from its prior closing price of $23.0. This suggests that the stock market has yet to fully react to the news, and is likely waiting to see if there will be any further developments in the potential sale of the club.
It remains to be seen if INEOS can successfully acquire Manchester United, as the Glazers may choose to reject their offer. Regardless of the outcome, this news has given fans and analysts hope that the Glazers could soon be out of the picture and a new era of ownership could begin for the world’s most popular football club. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Manchester United. More…
| Total Revenues | Net Income | Net Margin |
| 600.39 | -126.49 | -16.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Manchester United. More…
| Operations | Investing | Financing |
| 26.77 | -121.44 | 15.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Manchester United. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.42k | 1.32k | 0.62 |
Key Ratios Snapshot
Some of the financial key ratios for Manchester United are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.5% | -18.3% | -17.5% |
| FCF Margin | ROE | ROA |
| -20.9% | -57.3% | -4.6% |
VI Analysis
Manchester United is a global powerhouse in the world of sports and entertainment, with a wide fan base and a long history of success and innovation. However, its financial and business fundamentals may not reflect its long term potential. According to the VI Risk Rating, Manchester United is considered a high risk investment. This means that investors should be aware of potential risks associated with investing in this company. The VI App has detected two risk warnings in the income sheet and balance sheet of Manchester United. These warnings could be indicative of underlying issues that could impact the company’s financial performance in the future. As such, investors should take these warnings into consideration when making decisions about their investments in Manchester United. In addition, investors should be aware of the potential for volatility in the stock market, as well as any potential risks associated with the company’s operations and business model. For instance, Manchester United could face competition from other global sporting franchises, which could lead to a decrease in its stock price or other negative effects on the company’s operations. Overall, investors should pay close attention to the financial and business fundamentals of Manchester United before making any investment decisions, as well as monitor the company’s performance over time. By registering with the VI App, investors can get access to more detailed information about the company’s risk ratings and financial metrics, as well as receive timely alerts about changes in the company’s performance. More…
VI Peers
Since its establishment in 1902, Manchester United PLC has been one of the most successful soccer clubs in the world. The English club has won 20 league titles, 12 FA Cups, five League Cups, and three European Cups. In recent years, Manchester United PLC has been competing with Futebol Clube do Porto – Futebol SAD, Bonhill Group PLC, Live Co Group PLC, and other companies for the title of most successful soccer club.
– Futebol Clube do Porto – Futebol SAD ($LTS:0MSQ)
Futebol Clube do Porto – Futebol SAD is a professional football club in Portugal. The club is based in the city of Porto and plays in the Primeira Liga, the top flight of Portuguese football. The club was founded in 1893 and has won the Primeira Liga title a record 27 times, the Taça de Portugal a record 25 times, the Taça da Liga a record 7 times, and the UEFA Champions League twice. The club has also won the UEFA Cup twice and the UEFA Super Cup once.
– Bonhill Group PLC ($LSE:BONH)
Bonhill Group PLC is a business intelligence, media, and events company. The company operates in three segments: Business Information, Events, and Media. The Business Information segment provides critical intelligence and analysis on the people, companies, and deals that shape the technology, media, and telecoms markets. The Events segment produces live events that connect and inform technology, media, and telecoms professionals. The Media segment provides news and insight on the technology, media, and telecoms markets.
– Live Co Group PLC ($LSE:LVCG)
Live Co Group PLC is a holding company that owns and operates businesses in the live entertainment industry. The company has a market cap of 6.74M as of 2022 and a Return on Equity of -28.65%. The company’s businesses include live music venues, ticketing platforms, and artist management. The company’s mission is to provide live entertainment experiences that inspire, connect, and entertain people around the world.
Summary
Ineos, a British chemical company, has offered to purchase Manchester United from the Glazer family. The offer has been met with mostly positive news coverage. Analysts have noted that Manchester United is a major global brand and a sound investment opportunity. The club has a strong track record of success with a large fan base and strong commercial partnerships. Investing in Manchester United could bring potential buyers a steady stream of income and long-term returns.
However, investors should consider the risks associated with football investments, such as season performance, player turnover, and potential changes in regulations.
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