Report

QuickView: On the break

Expectation of a step change in profit over the medium term is not mere pre-season whimsy but justified by confidence in management’s positive development of its powerful worldwide brand, on a platform of sustained playing success. A proliferation of commercial initiatives, allied with favourable media deals, is reinforcing a growth message, while alleviating risk. This is evident in the company’s resilience last year without European competition and in its recent transformative refinancing to 2025-27 at attractive rates.
Underlying
MANCHESTER UNITED PLC

Manchester United is a holding company. Through its subsidiaries, Co. is engaged as a professional football club together with related activities. Through Co.'s 139-year heritage Co. has won 66 trophies, including a record 20 English league titles. Co.'s passionate community provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, mobile & content, broadcasting and matchday. Co. attracts global companies such as Adidas, Aon and General Motors (Chevrolet) that want access and exposure to Co.'s community of followers and association with Co.'s brand.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch