Tarnished silver for the magpies
Article Abstract:
Newcastle United is a soccer club which has seen a drop in its stock price since it was floated in 1997. The club has not been relegated from the First Division, but its stock price does not appear likely to recover over the short term. Six directors of a total of nine have resigned, and a plan to build a stadium has been abandoned. The club has a subsidiary board which is separate from the public company's board, and this structure and the dominance of the Hall family are seen as impediments to Newcastle United's recovery.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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WBA plans an attractive game off the pitch
Article Abstract:
West Bromwich Albion (WBA) was launched on the UK Alternative Investment Market in Jan 1997. The club's share price rose immediately and investors have made a gain, though the price has stabilized. The club would benefit from entery into the Premier League. WBA has boosted revenues through its club shop which has been enlarged and modernized. WBA owns its stadium and some land alongside it. The club represents a safer investment than many soccer clubs.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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