Manchester United is one of the biggest and most widely supported sports teams in the world, regularly ranking among the most valuable football clubs globally.
from one united fan to another, great work on this! would actually love to see you doing some back of the envelope LBO on a potential deal - could be an interesting time to dive into it especially with increasing number of deals among sports clubs. mentioning how shambolic the club has been in their transfer windows would've been great, especially how EtH destroyed the depth of our academy players. also, one thing i will have to disagree on is the 4 signings were great, but they weren't exactly marquee players. the reason for our success and 3rd place finish can be largely attributed to Carrick's takeover and next season's success will be on him as well (which drives the commercial value of the club).
Thank you for the kind words! It would be interesting to do an LBO model on it, I might do a follow-up, along with, as you mentioned, the shambolic mis-management of football-related decisions. I left those out as I thought it might put off readers who are less interested in those details and who might find it dry. After all, this substack is more focused on investing in general.
Happy to connect with you through DMs! Hit me up :)
I must say, if I am going to read 40+ minutes of a breakdown into a company, I would prefer to read about Arsenal but when the level of content is this high, I'll have to read it anyways.
Thanks for doing the research into this fascinating niche.
from one united fan to another, great work on this! would actually love to see you doing some back of the envelope LBO on a potential deal - could be an interesting time to dive into it especially with increasing number of deals among sports clubs. mentioning how shambolic the club has been in their transfer windows would've been great, especially how EtH destroyed the depth of our academy players. also, one thing i will have to disagree on is the 4 signings were great, but they weren't exactly marquee players. the reason for our success and 3rd place finish can be largely attributed to Carrick's takeover and next season's success will be on him as well (which drives the commercial value of the club).
Thank you for the kind words! It would be interesting to do an LBO model on it, I might do a follow-up, along with, as you mentioned, the shambolic mis-management of football-related decisions. I left those out as I thought it might put off readers who are less interested in those details and who might find it dry. After all, this substack is more focused on investing in general.
Happy to connect with you through DMs! Hit me up :)
would like to connect though, think we will have a good discussion on Man Utd and football in general
I must say, if I am going to read 40+ minutes of a breakdown into a company, I would prefer to read about Arsenal but when the level of content is this high, I'll have to read it anyways.
Thanks for doing the research into this fascinating niche.