Boston Red Sox No Longer Going Public – Here Are The Sports Franchises You Can Invest In


‘s rare for sports franchises to be publicly traded entities, but the concept is not entirely new. Several sports franchises are publicly traded in some way, or are part of a larger company that is publicly traded. In recent months, the owner of the Boston Red Sox and Liverpool FC, John Henry, tried to make those teams part of a public participation, but the talks fell apart, according to reports.

The $ 8 billion deal would have combined Fenway Sports Group LLC, owner of the Red Sox and English soccer club Liverpool FC, with RedBall Acquisition Corp. RBAC, -0.51%, a special purpose acquisition company (SPAC ) dedicated to the sports business. The RedBall SPAC was founded by former Oakland Athletics general manager and “Moneyball” legend Billy Beane and Gerry Cardinale, the CEO of private equity firm RedBird Capital. SPACs, which are essentially blank check companies, raise money through an initial public offering (IPO) to make an acquisition. Here’s a list of some professional sports teams you can invest in: Manchester United FC Manchester United MANU, -1.08%, England’s most decorated soccer club, has 20 Premier League titles and is listed on the New York Stock Exchange since 2012 the stock opened at $ 14 a share and has seen only modest growth since then, trading at more than $ 15.78 a share through Friday. Like any other publicly traded company, Manchester United has to disclose earnings and revenue, which are tied to things like television contracts and ticket sales. Manchester United shares have a market capitalization of $ 2.6 billion, but they would likely fetch more than that if they were sold on the open market. Forbes has valued the team at $ 3.81 billion as of 2020. New York Knicks, New York Rangers Madison Square Garden Sports Corp. MSGS, + 0.76% encompasses various sports holdings of principal owner Jim Dolan. These include the NBA’s New York Knicks and its G League affiliate, the Westchester Knicks, the NHL’s New York Rangers and its AHL affiliate, the Hartford Wolf Pack, and the MSG eSports business. Because both the Knicks and Rangers have been part of larger Cablevisión and later Madison Square Garden Entertainment MSGE holdings, + 1.30% over the years, it would not be possible to get relevant data on how the Knicks have performed and the Rangers over time. Madison Square Garden Sports spun off its entertainment business in April 2020, creating a separate, publicly traded company for the entertainment arm of MSG, which includes Madison Square Garden in New York City and Radio City Music. Hall. An investment in Madison Square Garden Sports Corp. is not necessarily an investment in just the Knicks or Rangers franchise, but rather an investment in all of the teams listed above. Profits for the company are tied to things like television contracts and ticket sales. Madison Square Garden Sports has a market capitalization of $ 4.34 billion. Forbes has valued the Knicks at $ 4.6 billion and the Rangers at $ 1.65 billion as of 2020. Juventus FC The most successful club in the Italian soccer league Serie A is listed on the Borsa Italiana stock exchange since 2001. Juventus JUVE, -1.53% is currently trading at € 0.838 per share, 30% less than its original price. Juventus shares received a boost after news of soccer star Cristiano Ronaldo’s transfer to the club in 2018, but most of those gains have since dissipated. The stock has a market capitalization of $ 1.13, but like Manchester United, it would likely buy more if it sold. Juventus is owned by Agnellis, an Italian dynastic family that founded Fiat FCA.UT, + 0.30% Motor Company. Forbes valued the team at $ 1.51 billion in 2019. Atlanta Braves The MLB Atlanta Braves have been owned by publicly traded Liberty Media LSXMA + 0.16% since 2007. Liberty Media is a large corporation that decided to spin off the Atlanta Braves from other parts of their business in a separate follow-up action for the team in 2015 to raise capital. The Braves are now included in a stake called Liberty Braves Group BATRK, -2.68%. However, it is not just an action that tracks the finances of the baseball team; real estate developments around the Atlanta Braves stadium called Battery Atlanta are also included in the properties. Typically, a parent company issues a follow-up action to monitor the performance of a portion of its overall business. Unlike common shareholders, follow-up shareholders typically have little or no voting rights at shareholders’ meetings. In 2020, Forbes valued the Atlanta Braves at $ 1.8 billion, quadrupling its value compared to 2010. Green Bay Packers The Green Bay Packers are the only publicly owned franchise in the NFL, but the team is not publicly traded. The team is owned by Green Bay Packers Inc., a public non-profit corporation comprised of 361,311 shareholders. While the team refers to these as “common stock,” the owners do not have the rights of typical common stock owners. Stocks do not pay dividends, cannot be traded, and are not protected by securities law. The Packers’ stock also cannot increase in value and is not tied to the team’s income in any way. Basically, the action is a team memory. There have been five share issues since 1923, the last issue being in 2011 to raise capital for renovations at Lambeau Field, the stadium where the team plays. Analysts have called the Packers stock a “worthless stock, in the sense that it has no pecuniary value to the owner.” Forbes valued the Green Bay Packers at $ 3.05 billion in 2020. Borussia Dortmund German soccer club Borussia Dortmund BORUF, + 1.30% is the only soccer team in Germany that is publicly traded. Dortmund shares have been listed on the Frankfurt Stock Exchange (FWB) since 2000. Borussia Dortmund shares are down 36% in the last 12 months and have a market capitalization of $ 571.84 million. Forbes valued the team at $ 896 million in 2019. Toronto Blue Jays The Braves and the Toronto Blue Jays are the only teams in Major League Baseball that are owned by a company. While the Blue Jays franchise itself is not publicly traded, the team has been owned by the publicly traded Rogers Communications RCI, -1.07% since 2000. Rogers has as many business interests in media and telecommunications as the baseball team it is only a small part of the total company. Therefore, investors cannot invest directly in the Blue Jays, only indirectly through Rogers Communications. Because Rogers is so large, it is difficult to assess the monetary value of the Blue Jays within the larger company. Forbes valued the Toronto Blue Jays at $ 1.63 billion in 2020.