Hangin' With... Sophie Goldschmidt EU Urged To Investigate F1 Finances Rapid Vienna Reports Small Profit Atlético Madrid Trims Debt To Authorities Racing NSW CEO Banks On Tax Parity BT To Skip EPL Rights If Price Too High QPR Owner Says Club Needs New Stadium Qatar Reportedly Weighing Olympics Bid ATP To Offer Refund For World Tour Finals Union Berlin Reports Profits Of $766K
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/March 12, 2014/Finance
U.S. Investment Firm Baron Capital Builds Up Stake In EPL's Manchester United
Published March 12, 2014
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
NO GAME-CHANGER: In London, Roger Blitz reported a note on the Baron website about its holding said that ManU’s shares "had dropped in value in the fourth quarter because of delays in the signing of a new global merchandising deal with Nike." Baron said, “The Nike deal is still expected to be signed, but has been pushed out from this fiscal year. We remain positive on the company’s prospects going forward” (FINANCIAL TIMES, 3/11). Manchester Evening News Head of Business Adam Jupp said, "It's interesting but it's not a game changer. What it shows is despite the on-pitch struggles the club is still seen as an attractive investment" (MANCHESTER EVENING NEWS, 3/11).