Sport

How and if you should buy shares in Manchester United

It seems like now more than ever, the time might be right to buy shares in the Red Devils.

The Manc The Manc - 12th September 2021

With Cristiano Ronaldo returning to Manchester United, could now be the right time to buy shares in one of the world’s top football teams?

To date Manchester United is the UK’s most successful football club with a following that extends around the globe – with 20 top-flight league titles, 66 major trophies and now the return of Cristiano Ronaldo.

It’s going to be interesting to see what type of dynamics the club displays on the field now that its golden son has returned. Previously, and between 2003 and 2009, Ronaldo scored 118 goals out of a total of 292 games.

It seems like now more than ever, the time might be right to buy shares in the Red Devils.

Originally named Newton Heath LYR FC back in 1878, it changed its name to Manchester United and made Old Trafford its home in 1910. Incredible success has made this team a local and global phenomena and one of the richest clubs in football – ranked 4th according to Forbes at a value of £2.97 billion. When it comes to investing in the club, that domain is mainly occupied by Middle Eastern sheiks and Russian Oligarchs. However, fans too can enter into this lucrative realm and invest. 

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How to buy Manchester United shares - Manchester Evening News

How to procure shares in Manchester United

Manchester made its way into the big league of the stock market when it was listed on the New York Stock Exchange in 2012 under the ticker name, MANU. To procure shares in MAN UTD, you’ll need to follow these basic steps:

  • Establish a share trading account.
  • Deposit funds into said account.
  • Look for MANU on the broker trading platform that you signed up with.
  • Decide how much you’d like to invest.
  • Invest and receive your shares.

Alternatives to buying Manchester United shares

Buying shares in Manchester United is not imperative when it comes to investing. For one thing, the procurement of shares is a pricey affair. Brokers often require, and set forth by the Securities and Exchange Commission, that you have at least $25 000 in your broker account. Also, when you buy stocks, you cannot for instance just buy one for $17.28; you need to buy it in a set bundle, which in turn can be prohibitively expensive. Alternatively you could sign up with an online trading broker that offers spread betting.

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You can literally speculate on the movement of the NYSE, on which MANU is listed, or you can speculate on the share price movement of MANU. Startup capital is much less, usually in the vicinity of $500 and the potential profits can be good. Plus, with this type of broker account, you don’t have to stop at the NYSE, you can do spread betting on the biggest companies listed on FTSE 100 or the ones listed on the Japanese Nikkei 225. The options are eclectic. However, like any form of investments, risks are rife, so do your homework. 

Potential risks of buying Manchester United shares

It would be impossible to speak of the risks of investment, especially in a sport club, without making mention of the global health crises. Just shy of two years ago, no one would have imagined clubs playing to empty stadiums. The entire European football fraternity has felt the backlash mainly in the form of sponsorship withdrawal. Some of the flack has been picked up by online trading platforms due to the fact that these matches are still televised and because the current health crises has forced many people to re-look their vocation options.

In terms of demographics, the football world is very much aligned with the trading world – mainly males with an interest in gambling, trading and sport. So, right now, as it stands, a lack of and alternative sponsoring is sure to affect the share price of Manchester United. If you’re going to buy shares in this top football club, you’ll need to cut out the noise, buckle down and be prepared for the long haul. 

Sport

Manchester’s 24 Hour Run Against Homelessness returns with its biggest venue host yet for 2024

Danny Jones Danny Jones The Manchester 24 Hour Charity Run Against Homelessness 2024

November is well underway which means that not only have the likes of the annual Christmas Markets begun but Manchester is once again ramping up for the latest edition of The 24 Hour Run Against Homelessness.

Although the holiday season is a jolly one for many, we’re always reminded that for lots of those less fortunate, the colder months signal an even more difficult time for lots of people all over Greater Manchester, with the region still suffering with the third highest rate of homelessness in the UK.

That being said, each year volunteers from founding organisation, Run Wild MCR (the University of Manchester’s long-standing running society), team up with the Greater Manchester Mayor’s Charity to help put in the hard yards on their behalf and raise as much money as possible.

Marking the sixth year of the heartwarming and vital fundraising event, the 2024 edition of The 24 Hour Run Against Homelessness is hoping to be the most impactful yet, landing even more support from local clubs and businesses than ever, as well as their biggest host venue yet.

For anyone still unaware of the event, the annual 24-hour relay run sees thousands of runners turn up from all over the 10 boroughs to participate in 5km laps around the city centre to witness the effects of homelessness first-hand.

Those lacing up their trainers – be they from local clubs like Manchester Road Runners, charitable organisation, Northern business or just a Manc who fancies doing their bit for a good cause – can do as little or as few laps as they like, as well as contribute to the fundraising with donations on the night.

Now with national vehicle marketplace AutoTrader named as the principal sponsor for this year’s run and the Together Co. social charity pledging to match public donations up to £20,000, The Manchester 24 Hour Homeless Run is hoping to achieve its biggest goal to date.

There have already been some serious records broken in past iterations, with multiple runners even going for upwards of 100k in total distance covered and staying overnight in sleeping bags to get their laps done over the 24 hours.

Having made upwards of £30,000 since it started, amassing more than £25,000 during its fifth anniversary in 2023, and raising over £1,400 with its first spin-off event in Birmingham earlier this month, this is set to be a hugely impactful year for the team and Manchester’s ‘A Bed Every Night’ scheme.

The growth of the event speaks for itself, with Mayor Andy Burnham now a regular attendee on behalf of his namesake charity, an increase in clubs, influencers and national coverage, not to mention the event landing Freight Island as the 2024 host venue.

You can see a quick run-through of the city centre route here:

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Having sent a huge message to the previous government regarding comments about the homeless community and directly contributing to approximately 842 rough sleepers being given a bed in Manchester during last year’s run, they’ve done incredible work in just a few short years.

With the profile of the ever-important event bigger than ever, as it looks to continue expanding into different cities – especially following the success of its debut Brummy run – we’re expecting big things and even more wholesome vibes as the crowds gather at the now well-and-truly festive Freight Island.

Members of The Manc will also be taking part and putting in as many miles as we can, so come and say hello if you can or, even better, come join the countless other volunteers going for a jog from 12pm on Wednesday, 13 November until noon the next day.

More importantly, please give even a little bit to this crucial cause HERE if you can; the charity livestream will also be active on our Facebook page throughout the duration and QR codes for direct donations will be available at Freight Island on the night.

You can see a full list of the organisations taking part down below. This really is a time when Manchester shows its best face and we can all be very proud that we’re putting in the graft to combat a global crisis.

For all the latest news, events and goings on in Greater Manchester, subscribe to The Manc newsletter HERE.

Featured Images — Supplied

Sport

BBC confirm Gary Lineker will leave Match of the Day at the end of the season

Danny Jones Danny Jones Gary Lineker leaving Match of the Day at the end of the season

Following reports late on Monday evening, the BBC has now officially revealed Gary Lineker is leaving Match of the Day at the end of the current Premier League campaign.

Lineker, who has hosted Match of the Day (MotD) since 1999, is set to leave the long-standing British TV and sporting institution after 25 seasons but will still remain associated with the BBC on various other projects moving forward.

Confirming the news on Tuesday, 12 November, the network said that while his MotD tenure will conclude come May 2025, “The BBC and Gary Lineker have agreed in principle a contract extension through to the 2026 World Cup”.

The former footballer will also continue to host the MOTD Top Ten podcast and his The Rest is Football podcast on BBC Sounds alongside fellow co-presenters Alan Shearer and Micah Richards.

Lineker said: “I’m delighted to continue my long association with BBC Sport and would like to thank all those who made this happen.”

The ex-Leicester, Everton, Barcelona and Spurs player was famously suspended from the show back in March 2023 after comments made about the previous Conservative government’s “dangerous” rhetoric.

Shearer and Ian Wright (‘Wrighty’ having also announced he will be leaving the show at the end of the season) both walked out in solidarity with their close friend and colleague before being reinstated after issuing an official apology.

Putting the brief separation aside, Lineker has enjoyed a long and prosperous relationship with the BBC for more than two and a half decades and when the title race does conclude at the end of next spring, he will have been one of the most recognisable faces in British football for 26 years.

Many have rightly pointed out that he served as the Des Lynam – the former MoTD host for 11 years – for multiple generations of young football fans.

Read more:

This past August marked Match of the Day‘s 60th anniversary, making it one of the longest-running programmes in British TV history, and to say that the household name and ever-entwined Walkers ambassador has made up nearly half of that is no mean feat.

Lineker has yet to issue a personal response via any channels by the official BBC statement, but viewers can expect to address the situation on the likes of The Rest is Football soon enough.

Thanks for the memories, Gary – especially for honouring your promise and hosting in those comically big white undies.

For all the latest news, events and goings on in Greater Manchester, subscribe to The Manc newsletter HERE.

Featured Images — BBC

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