Aston Villa
Article Abstract:
Aston Villa is a socer club that has a stock market value of double turnover. Gate receipts account for 29% of the club's revenues, and the club also offers conference and catering facilities. The club is investing 18 million pounds sterling in 5,000 new seats in 2000, with a further 6,000 planned for 2001. The club is also to build a hotel near its stadium, which will tie in with conference facilities. The company faces increased costs in the form of wages for players, and revenue could be hit by its being excluded from the European tournament in 1999-2000.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Fancy footwork puts United at top of league
Article Abstract:
Manchester United soccer club has seen a rise in its share price and there are rumors that it could be a takeover target, though the club itself denies this. TV companies commonly own sports teams in the US, but the UK position is different. Rights to Manchester United matches are controlled by the Premier League and TV deals would have to be agreed with the league. The league would be badly affected if Manchester United were to make a separate agreement.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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