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.
ADVERTISEMENT
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.
ADVERTISEMENT
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 Club de Padel claps back at ’embarrassing’ copycat ASOS product
Daisy Jackson
A local Manchester business has sarcastically pointed out the glaring similarities between a new t-shirt on ASOS and one of its own designs.
Club de Padel has a range of retro-inspired merch with UN:IK, a small independent streetwear brand also based here in Manchester.
Its collection of t-shirts, hoodies, tracksuits, hats and bags often feature a design of an illustrated padel ball (which to the untrained eye is basically a tennis ball) in motion.
But this week a t-shirt appeared on ASOS that also featured an illustrated padel ball in motion, just in a slightly different colour palette.
The ASOS version, which has now been removed from sale, also undercut Club de Padel’s price by £6.
Since Club de Padel took the ’embarrassing’ copycat product public on their Instagram page, ASOS has launched an investigation and taken it off their website.
The sports venture, based at Deansgate Square and the only padel club in Manchester, wrote: “Love the new designs ASOS, kinda reminds us of something though…
“Ah. Well that’s embarrassing… We’ve got a new line coming soon with UN:IK Clothing you’re just gonna love ASOS.
“In the meantime we made this for you @asos, save your design team a job.”
An ASOS spokesperson said: “We take intellectual property issues very seriously and have removed this product from sale while we investigate further.”
Of the Club de Padel and UN:IK collaboration, aka the real deal, UN:IK says it has ‘served up a staple for us, retro inspired leisure pieces with Manchester’s first ever padel club’.
Club de Padel in Manchester has gone public to poke fun at ASOS
They wrote: “Inspired by owners after a trip to Spain, Club de Padel has hit the city with a wave and the lifestyle brand we have created with them reinforces the fastest growing sport across Europe.
“Our classic vintage washes and oversized fits, working with independent designs as always on this local independent partnership. Don’t be afraid to the sport, we’ll guarantee you love it as much as these clothes.”
Manchester Remembers release unbelievable new kits featuring iconic Manc landmarks for 2024 charity match
Danny Jones
The Manchester Remembers Foundation have just released the official kit designs for this year’s upcoming charity football match and they’re utterly amazing.
The 2024 Manchester Remembers charity game is fast approaching, with this year’s edition set to take place in July and the excitement is really starting to build – especially with kits as eye-catching as these.
Roping in help from local media and production company Badger and Coombes, as well as getting Lionesses legend Sue Smith involved in the kit launch, the brand new Legends and Celebs kits have finally been revealed in extremely fine fashion.
Lovingly made once again by Oldham-based kit manufacturers, Hope and Glory, and with Salfordian fashion brand Marc Darcy Menswear serving as the main sponsor, the new shirt designs feature incredibly detailed drawings of recognisable locations around Manchester. Just look at them:
— The McrRemembers Foundation™️⚽️🐝 (@McrRemembers) April 19, 2024
The 2024 Manchester Remembers kits have officially been unveiled.
As you can see, iconic Manc landmarks like Old Trafford and the Etihad Stadium take pride of place in the semi-opaque sublimated pattern on both the white and black versions of the kit.
Other noticeable buildings include Manchester Cathedral, the Central Library, Manchester Central (formerly the GMEX) and even a nice little nod to the Metrolink and Bee Network, just to name a few.
The incredibly detailed design pays homage to the city we all know and love and is a big step up from the already very well-received kits from last year’s charity match.
Once again, all the proceeds from the shirt sales go straight back into the Manchester Remembers Foundation and its partnered charities, which raise money for the families of those sadly lost in the 2017 Manchester Arena attack.
Celebs stripLegends kitYou can pre-order the shirts ahead of their release in May HERE and they’re very affordable compared to most footy kits these days.
With a whole host of exciting names taking part in the 2024 edition of the charitable community-driven event, including ex-Manchester United stars Antonia Valencia and Danny Simpson, local celebs like soap star Adam Thomas, YouTuber ‘Angry Ginge’ and many more, it’s going to be a momentous day.
This year marks just the third time the game has been held but the amazing people attached to this non-profit, not to mention the thousands that have turned up to see the wholesome fixture, have already helped raise over £117k for the associated charities. Unbelievable stuff.
Returning to Oldham Athletic‘s Boundary Park for the second year running, tickets for the game on Sunday, 28 July are already available and priced at only a fiver for under 16s and just £10 for adults, it’s one of the most uplifting and affordable afternoons of live sport you’ll find the region.
If you’ve not heard about this truly inspiring annual match until now, you can find out more HERE.