Hundred privatisation moves closer after counties give ECB green light [Yahoo! Finance]
Manchester United Ltd. Class A Ordinary Shares (MANU)
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am
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Source: Yahoo! Finance
A fortnight ago the ECB requested that the 18 first-class counties and MCC provide a “non-binding” position on the capital share model they have devised for private investment into the eight teams in the competition, which they hope will happen later this year. While this was not a formal vote, 15 of the 19 were required to provide a positive response. That hurdle was cleared on Friday. The model sees the ECB hand 51 per cent of the eight teams to the host county (or club, in the case of MCC at Lord's). The remaining 49 per cent would be sold to private investors by the ECB, with the host county welcome to sell as much or as little of their share as they please. The proceeds of the 49 per cent sold would be split as follows: the first 10 per cent to the recreational game, with the rest shared by the counties. The first £275 million raised would be shared 19 ways, with the next £150m shared between the 11 non-hosts. All proceeds north of £425m will be shared 19 ways once more.
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News
- The Sports Report: Dodgers fall to the Diamondbacks [Los Angeles Times (CA)]Los Angeles Times
- Manchester United Stock (NYSE:MANU): Is the Dip Worth Buying? [Yahoo! Finance]Yahoo! Finance
- Europa League Final Expected To Net Dublin $16 Million [Forbes]Forbes
- Many familiar names on roster as U..S. women's soccer team readies for Olympics [Los Angeles Times (CA)]Los Angeles Times
- Cristiano Ronaldo, 39, to play for Portugal in his sixth UEFA Euro Championship [USA TODAY]USA TODAY
MANU
Earnings
- 3/12/24 - Beat
MANU
Sec Filings
- 4/30/24 - Form 6-K
- 3/13/24 - Form 6-K
- 3/12/24 - Form 6-K
- MANU's page on the SEC website