Man U a win, say brokers

Article Abstract:

Manchester United soccer club has seen a drop in its stock price after match defeats, but stockbrokers are positive about the club's stocks. Five brokers from a sample of six rate the stocks a buy, and one rates them a hold. The Holder is Henry Cooke Lumsden, while buyers include Greig Middleton which sees the club as a possible takeover target. SBC Warburg is also a buyer, and Merrill Lynch, Wise Speke and Salmon Brothers see the stocks as likely to perform well over the long term.

Manchester United Football Club PLC

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Tottenham Hotspur: kicking with the wind

Article Abstract:

Tottenham Hotspur is a UK soccer club which has not seen a rise in share price as high as that of Manchester United. The club's chairman is Alan Sugar who is involved in a disagreement over player transfer values. The club has not won a major trophy in five years and last headed the league 35 years ago, but has long-term prospects. More wealth is likely to be transferred into soccer through television, and the club ranks among the major six UK soccer clubs.

Management

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Footie's a serious business

Article Abstract:

Major UK Premier League soccer clubs have big institutional shareholders, and an improved television deal may be secured for these clubs after an agreement with Sky expires in 1997. Tottenham soccer club has launched a rights issue to raise funds to boost capacity by 3,000 seats. Tottenham reported a pre-tax profit of 5.4 million pounds sterling for 1995, with 4.85 million pounds of this accounted for by merchadising, TV sponsorship and gate receipts.

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