Stock Evaluation Report of Manchester United PLC
This essay was written as part of final year studies at University College Cork. Class: EC 3119 Capital Markets and Asset Valuation Grade: 1st Class Honours Originally posted on my other blog on 10th of May 2019 here --------------------------------------------------------- Introduction of the Company Manchester United plc, together with its subsidiaries are the owners of Manchester United Football Club which is located in the United Kingdom. In 2017 the franchise was and still is one of the world’s most recognisable sporting entities, making it one of the world’s highest-earning sports teams. In fact, the franchise ranked as the 3rd highest valued sporting franchise behind the Dallas Cowboys and the New York Yankees in the world across all sports. (Forbes 2017) This makes the club which was founded in 1878 under the name Newton Heath the most valuable sports franchise outside of the United States of America as well as the most commerc...