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Stock impact report

U.S. Investor Plans Premier League Club Takeover To ‘Recreate City Football Group’ [Forbes]

Manchester United Ltd. Class A Ordinary Shares (MANU) 
Last manchester united ltd. class a ordinary shares earnings: 2/25 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.manutd.com
Company Research Source: Forbes
Joe DaGrosa (L) and Hugo Varela have unveiled ambitious plans to buy several soccer clubs and... [+]academies. NICOLAS TUCAT/AFP via Getty Images.American investor Joseph DaGrosa has revealed ambitious plans to create a global group of soccer clubs and academies, starting with an English Premier League team.With the coronavirus pandemic hitting the finances of all soccer clubs, DaGrosa sees an opportunity to snap up teams at a discount of between 50%-70%.DaGrosa is CEO of Florida-basedGACP Sports“From a macro point of view, we believe football over the long term is a great investment,” DaGrosa told me in an interview.“It’s a particularly opportune time, given what's happened due to the coronavirus and its effects on the global football industry. We think that clubs are going to be hard pressed to survive in many cases and there'll be some opportune possibilities to acquire some really strong clubs in terms of on-field performance, but that are financially distressed.“Similarly, you've Show less Read more
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