Stock Ticker

Stocks use a Ticker or an abbreviation to allow you to quickly find them. Facebook (Ticker: FB), Apple (Ticker: AAPL), Netflix (Ticker: NFLX), Alphabet (we know it as Google, Ticker: GOOG), Microsoft (Ticker: MSFT). Ticker Tape Provided by Macroaxis

Search URBANOMICS

Tuesday, August 15, 2023

Why Sports Clubs are the New 'it' Investment

I'm not sure when I first invested in Manchester United but if you look back at my blog history it's most likely around 2016. It was a simple post about investing in an election year and go figure a Clinton and a Trump were running against each other. I may not have shared at the time, but I was investing alongside a good friend of mine from my MANSA MUSA network, billionaire Ron Baron (cue Lil Weezy - A Billi) Baron was yapping away in a CNBC interview and he laid out a very compelling thesis of the investment. I like simple and I like math and it was BOTH.

But let's rewind for a bit. For those of you that don't know what sport I'm talking about, I'm talking about original football. What we here in America call soccer but the world knows as the sport of football. Possibly where a single last name can be uttered and the ENTIRE world knows exactly who you are talking about: Pele, Lionel Messi, Diego Maradona, Critiano Ronaldo, Zinedine Zidane, Ronaldo, Ronaldinho, Andres Iniesta, Didier Drogba, Thierry Henry and the list goes on and on.

I don't remember the full talking points but it went something like this:

- The Los Angeles Dodgers at the time were worth something like $2 Billion dollars and we're talking baseball

- Machester United was worth less than that 

- The viewership for each game rivals the equivalent of a US Football Superbowl event

- Machester United is a top four club in the English Premier League so this was like getting shares in the Chicago Bulls (Jordan Years), Los Angeles Lakers, Boston Celtics, or Golden State Warriors (Curry Years) on discount! 

- In 2015/2016, he foresaw what we are experiencing today. The decline of cable means the Live Sports is a game changer for television viewership. 

Here were some of my previous posts:

2016 Post on Manchester United


2019 Post - Finding-value-in-Media-and-Sports-Stocks


In 2016, I was snapping up sharing at around $13/14 dollars a share. And the rumors continue to circulate that the Glazer family may sell this franchise and the sharks are lining up to buy. At over a mind boggling 7 Billion pounds, there is word a deal may be in sight. If I told you to be patient and wait a few years and your money would double --- could you do it? If I told you to avoid the flash and do the math --- would you really do it?

I purchase or hookup of this stock could enter it into my MansMusa Hall of Fame. Thanks to my guy Ron Baron for the simple advice and in this particular case a reminder of why sometimes we hunt in packs.

#MansaMusaHOF   - designates this stock pick was retired in my Hall of Fame
#ABilliSquad -  Billionaire investors from the Wall Street community that make up my squad. Ya Dig
#HuntinPacks - designates investments I made alongside someone in my network

#MansaMusaMentality


No comments: