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Bayern Munich’s players and fans were distraught after losing Saturday’s European Champions League to Chelsea, but the German team’s brand was second on the list, valued at $ 786 million. Real Madrid recently pipped Barcelona to the Spanish title, but both clubs have suffered setbacks financially. Both brands decreased, by 7% and 8% respectively, as a result of the eurozone crisis and its impact on the Spanish economy. Manchester City’s dramatic Premier League title win has increased the value of the Abu Dhabi-owned English club’s brand, putting it eighth on the list, worth an estimated $ 302 million. Brand power: […]

Shares in Manchester United start trading on the New York Stock Exchange on Friday under the symbol MANU. (File)Shares in Manchester United’s IPO were priced at $ 14, below the price range initially setThe club and its owners will raise around $ 234m from the sale of 16.7m sharesHalf the proceeds from the sale will be used to pay down the club’s outstanding debtWhen the shares start trading on Friday it will mark the biggest sports listing on recordNew York (Financial Times) — Shares in Manchester United’s initial public offering were priced at $ 14, below the $ 16 to […]

Manchester United Gears Up for IPO

Investors will be watching next week as Knight Capital (KCG) struggles for survival and a legendary soccer team sells shares to the public. Second-quarter earnings season is drawing to a close with a handful of bellwether companies reporting. Two of the more prominent companies scheduled to report are retailer Macy’s (M) and media and entertainment giant Walt Disney Co. (DIS). Also due next week are earnings from retailers Kohl’s Corp. (KSS) and Nordstrom Inc. (JWN). The markets will be watching Knight Capital closely on Monday to see if customers, who fled in droves after a software glitch caused $ 440 […]

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