Summary
MANU Chart
Manchester United shares are a ‘Buy' but the football club's not likely to achieve its financial target - analyst
Manchester United Plc (NYSE:MANU) shares are a ‘Buy' but the football club's revenue forecast of £690 million for the year is very unlikely to be achievable, that's according to UBS analyst Ivar Billfalk-Kelly. The Swiss bank's own revenue forecast is pitched at £662 million, and it is based on United finishing the premier league in fifteenth place and doesn't assume any European success.
Manchester United unveils plans for new 100k-seater stadium, with 17k new homes
Manchester United Plc (NYSE:MANU) has unveiled plans to build a new 100,000-seat stadium to replace its current 115-year-old Old Trafford home. What would be the largest stadium in the country, topping Wembley's 90,000 capacity, is part of plans for a regeneration of the Old Trafford area, also including the building of 17,000 new homes.
Manchester United Backs Government's Ambitious Growth Agenda With New Stadium Announcement
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), has thrown its support behind the Government's growth agenda by announcing its intention to pursue a new 100,000-seat stadium as the centrepiece of the regeneration of the Old Trafford area. The stadium, and wider regeneration project, have the potential to deliver an additional £7.3bn per year to the UK economy which brings large-scale social and economic benefits to the community and wider region, including the possible.
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Manchester United plc Profile
| Entertainment Industry | Communication Services Sector | Mr. Omar Berrada CEO | NYSE Exchange | G5784H106 Cusip |
| GB Country | 1,140 Employees | 3 Jun 2022 Last Dividend | - Last Split | 10 Aug 2012 IPO Date |
Overview
Manchester United plc, a company with a rich heritage dating back to 1878, is at the forefront of the sports industry in the United Kingdom through its ownership and operation of the prestigious Manchester United Football Club. Transitioning its name from Manchester United Ltd. to Manchester United plc in August 2012, the company has built an extensive legacy, both on and off the football field. Its operation encompasses not just the athletic achievements of its professional football team, but also a sophisticated commercial arm that establishes marketing and sponsorship partnerships across the globe. Manchester United's brand is a magnet for international and regional companies seeking affiliation with a globally recognized name, a testament to its far-reaching influence and appeal. Headquartered in Manchester, United Kingdom, the organization stands as a beacon in sports entertainment, marketing, and fan engagement.
Products and Services
- Sports Apparel and Merchandise
Manchester United plc markets and sells a wide variety of sports apparel, including training and leisure wear, along with other clothing items. This range is designed to meet the demands of fans seeking to show their support through branded attire. Moreover, the company extends its merchandise to include other licensed products such as coffee mugs and bedspreads that feature the team's brand and trademarks. Distribution channels for these products span Manchester United branded retail centers, e-commerce platforms, and wholesaling through partners.
- Content Distribution
The company capitalizes on the distribution of live football content both directly to consumers and through commercial partnerships. It holds broadcasting rights for several high-profile competitions, including the Premier League and the Union of European Football Associations (UEFA) club competitions. Manchester United's approach to content distribution also encompasses delivering programming through the MUTV television channel, offering fans worldwide a deeper connection to the team.
- Old Trafford and Properties Investment
At the helm of its facilities stands Old Trafford, an iconic sports venue known for its impressive capacity of 74,240 seats. This stadium is not just a venue for football matches but also a pivotal asset in Manchester United's property investment strategy. The company's involvement in venue management and property investment showcases its multifaceted operations, extending beyond the basic framework of a football club.
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