Desperation from Utd?

[Resu]

The shares are worth less than reality because they are non divdend paying and have no voting power.

A normal share would be worth a lot more. Can't believe the link would overlook that! Clearly they are worth more than 500m because paying that and clearing debts would still give a 10% yield

Does non-dividend mena that you don`t get a part of any profits?
I had the impression that B-shares gave you a part of the profits, but no voting rigths.

[ChesterDave]

Yeah, might only be something ridiculous like 5p a shre (on $14 per share to buy its minimal) but they don't even pay that. Its been widely covered they have no voting rights but I am sure I saw an investment analyst saying they are such pore value because they don't pay the divident either.

Its probably better value to put the cash in an average everyday savings account!

[Vermilion]

So for businessmen looking to invest this share issue is a waste of time ?

What are they hoping for here, that fans stump up the cash ?

[Muddled]

I think there would be value to purchasing Class B shares, just not in the immediate future and not that much of it. It's purely to assist with the cash flow I would think.

[Muddled]

Does non-dividend mena that you don`t get a part of any profits?
I had the impression that B-shares gave you a part of the profits, but no voting rigths.

I'm of the understanding that Class B shares would hold a monetary value, but at a separate price to Class A and as such, would not entitle that person to a proportion of any profits - just a set fee.

I'm sure there will be tax perks, but I have no idea what.

[ChesterDave]

I think there would be value to purchasing Class B shares, just not in the immediate future and not that much of it. It's purely to assist with the cash flow I would think.

Can't be much value in spending $14 on something were $7 goes to the purchase and $7 goes to a personal bank account of the owner.

You're paying $14 for $7 return.

[Muddled]

Can't be much value in spending $14 on something were $7 goes to the purchase and $7 goes to a personal bank account of the owner.

You're paying $14 for $7 return.

*If* that's true, then no, there is no value there.

But from what I understand, the price is dictated by the company at the point of sale; what they are worth now and for what they may be sold for now, may be different to the future.

If this flotation eases cash flow to help them move forward, then the value could go up. If they generate the cash to service their debts, then it could quite clearly go down.

I haven't read much about Man Utd, their plans, price etc, so I'll apologise now if I'm wide of the mark.

[Bender]

Billionaire investor, George Soros has bought nearly 8% of shares in Manchester United football club.

The transaction comes after the premier league club was floated on the US stock market earlier this month, valuing it at more than $2.3bn (£1.46bn).

The purchase of 7.85% of the class A shares means Soros Fund Management holds 1.9% of the entire club.

Mr Soros, who oversees around $25bn (£15.8bn) in assets and is hugely influential within the hedge fund industry, is one of the club's first new investors to be revealed.sky

[Bender]

Please sir can we have a proper billionaire please

[Rich]

Rumours of Kaka going to them on loan too...

[Bender]

great marketing deal that...although i though kaka was going back to AC Milan

[fah-q]

Billionaire investor, George Soros has bought nearly 8% of shares in Manchester United football club.

The transaction comes after the premier league club was floated on the US stock market earlier this month, valuing it at more than $2.3bn (£1.46bn).

The purchase of 7.85% of the class A shares means Soros Fund Management holds 1.9% of the entire club.

Mr Soros, who oversees around $25bn (£15.8bn) in assets and is hugely influential within the hedge fund industry, is one of the club's first new investors to be revealed.sky

That sounds like it's his company that owns the shares rather than him personally.

[Bender]

George Soros
Net Worth $20 Billion As of March 2012

[Baracus]

The shares have continued to drop in price

[Cormack74]

Wasn't Soros the bloke who ****ed the pound around. Maybe he'll do the same with United.

Here's hoping.