Usually, to be an owner in any capacity of a sports team, one has to be fantastically wealthy to even think of it. However, for the sports fan with some cash to invest, there are a small number of publicly traded sports teams, a number of which are not bad stock picks.
Most American not public
It would be awesome to own a sports team, but most of them are privately owned. That means you have to have a lot of cash to get in on the action. Pink Floyd had the right idea in the song "Money" where it points out that he wants a sports team.
If you wanted to buy just a small piece and technically be part-owner of a team, you can just look at publicly-trading stock on the stock industry. Unfortunately, the majority of the groups that allow public-trading are not in America. Some small teams in other nations allow the trading though, and it only costs a little bit of money to buy in.
Getting in on Initial Public Offering
Earlier this year, it was announced that Formula One, the world's premier racing series, was going to have an initial public offering in Singapore. Unfortunately, according to the Wall Street Journal, the majority owners of Formula One, CVC Capital Partners, put the brakes on the Formula One Initial Public Offering. However, they do plan to hold it later this year.
The IPO scheduled for a significant sports franchise is for Manchester United, according to The Atlantic. Manchester, also called "Man U" or "The Red Devils," are essentially the New York Yankees of soccer and are not only going to have an IPO, they decided recently to stage it in the U.S. instead of Singapore, where the team's owners had initially planned on holding it. The team is mostly owned by the Glazer family, according to the Wall Street Journal, who also own the Tampa Bay Buccaneers of the NFL.
Only some are good buys
Manchester United, once trading begins, may be a good purchase in the long run, as it is basically the biggest sports franchise on the planet. Madison Square Gardens, the well-known venue, is also not a bad stock, according to Daily Finance, as it has consistently traded above the Standard and Poor 500 industry average.
BusinessWeek explained that the American Basketball Association is trading for 5 cents per share currently, which was not good news. There has also been bad news for World Wrestling Entertainment, which is publicly traded, according to Daily Finance.
Market performance is tied to game performance, which means stocks go down when there are losing streaks. That is why famous soccer groups have not done that well on the stock market, according to the Atlantic.
The NFL does not allow more than 32 owners of any one team, which is why the Green Bay Packers are the only American sports team publicly owned. The Packers joined the league after the rule though, so they can get away with it. The team does not pay dividends since it is a nonprofit and cannot be sold for profit, so it is not a good investment.
Most American not public
It would be awesome to own a sports team, but most of them are privately owned. That means you have to have a lot of cash to get in on the action. Pink Floyd had the right idea in the song "Money" where it points out that he wants a sports team.
If you wanted to buy just a small piece and technically be part-owner of a team, you can just look at publicly-trading stock on the stock industry. Unfortunately, the majority of the groups that allow public-trading are not in America. Some small teams in other nations allow the trading though, and it only costs a little bit of money to buy in.
Getting in on Initial Public Offering
Earlier this year, it was announced that Formula One, the world's premier racing series, was going to have an initial public offering in Singapore. Unfortunately, according to the Wall Street Journal, the majority owners of Formula One, CVC Capital Partners, put the brakes on the Formula One Initial Public Offering. However, they do plan to hold it later this year.
The IPO scheduled for a significant sports franchise is for Manchester United, according to The Atlantic. Manchester, also called "Man U" or "The Red Devils," are essentially the New York Yankees of soccer and are not only going to have an IPO, they decided recently to stage it in the U.S. instead of Singapore, where the team's owners had initially planned on holding it. The team is mostly owned by the Glazer family, according to the Wall Street Journal, who also own the Tampa Bay Buccaneers of the NFL.
Only some are good buys
Manchester United, once trading begins, may be a good purchase in the long run, as it is basically the biggest sports franchise on the planet. Madison Square Gardens, the well-known venue, is also not a bad stock, according to Daily Finance, as it has consistently traded above the Standard and Poor 500 industry average.
BusinessWeek explained that the American Basketball Association is trading for 5 cents per share currently, which was not good news. There has also been bad news for World Wrestling Entertainment, which is publicly traded, according to Daily Finance.
Market performance is tied to game performance, which means stocks go down when there are losing streaks. That is why famous soccer groups have not done that well on the stock market, according to the Atlantic.
The NFL does not allow more than 32 owners of any one team, which is why the Green Bay Packers are the only American sports team publicly owned. The Packers joined the league after the rule though, so they can get away with it. The team does not pay dividends since it is a nonprofit and cannot be sold for profit, so it is not a good investment.
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