Top 4 European Football Clubs trading in Stock Markets
In a world where chancing in a bid to make money is all it matters, why should football clubs lag behind? The reputed football clubs around the world can generate tremendous amount of capital by issuing its shares to the public through stock exchanges.While this may sound like an exciting prospect, it has its own gambles and hazards. The fluctuation in the on-field showing directly impacts their stocks price.Let's take a look at a few clubs which follow the mechanism of an Initial Public Offering (IPO).
#4 Juventus
Juventus, a Borsa Italiana stock, is owned by Exor S.p.A, which bears over 60% stake in club. The Club has the advantage of having an informal association with the car-making company, FIAT, which was set up by the great-grandfather of Andrea Agnelli, the reigning President of Juventus.
Not only does the club benifit from the goodwill of FIAT, but also its dominance in the Serie A doubles up its prospects. Juventus have been incredibly consistent, having won the Serie A championship in 2012, 2013, and close to winning it this year as well.
The market price of the shares of Juventus stands at €0.23 per share. Juventus’ stock has appreciated by more than 5.5% in the year gone by.