Manchester United executives and owners ring the opening bell at the NY Stock Exchange

U.S. investment firm increases stock in Manchester United, pours $150 million into club

1 Comment

While struggles on the pitch have hampered Manchester United’s season in 2013-14, off the pitch the English powerhouse seems to be going from strength to strength.

On Tuesday it was announced that American investment firm Baron Capital had purchased more stock in Manchester United and now owns a quarter of all the shares available in the club on the New York Stock Exchange.

Many people will hear this news and start thinking about a potential takeover bid from Baron, but the Glazer family had only released 10 percent of the club to the NYSE, while the other 90 percent is still in their hands. So, in essence, Baron only owns 2.5 percent of United with their $150 million stake.

Baron Capital’s investment ties in with recent trends around United’s financial success, as the club is widely expected to sign a new $1 billion deal with Nike and on Monday their share price has risen to its highest level since November at $15.84 per share.

Man United confirmed the shareholding in their investor relations website, where is states Baron Capital now owns 9,581,636 shares, which are worth $151m based on current share prices. While on Baron’s website, they had the following to say.

“Shares of Manchester United dropped … due to a delay in the signing of a new global merchandise deal with Nike and the team’s poor performance on the field. The Nike deal is still expected to be signed, but has been pushed out from this fiscal year. We remain positive on the company’s prospects going forward.”

Good news for United all round, as the financial world realizes now is a good time to invest in the club as on-field problems have lowered share prices in recent months. With the club pushing forward with an aggressive pursuit of top talent, it seems as thought investors are gambling on the Red Devils returning to the top of the Premier League and challenging for European titles in the not so distant future.

As we know, soccer is not as cut and dry as that, but if the markets are anything to go by, good time are ahead for Manchester United.

3 killed during Colombia’s celebration of soccer title

SAO PAULO, BRAZIL - JULY 06:  The teams of Sao Paulo and Atletico Nacional lines up during semifinal first leg match of Copa Bridgestone Libertadores between Sao Paulo and Atletico Nacional at Morumbi Stadium on July 6, 2016 in Sao Paulo, Brazil.  (Photo by Friedemann Vogel/Getty Images)
Getty Images
1 Comment

BOGOTA, Colombia (AP) — Colombia’s celebration of victory in the South American club soccer championship has ended in violence, with three fans killed in a night of boisterous revelry.

Authorities say they registered more than 600 street fights after Medellin’s Atletico Nacional defeated Ecuador’s Independiente del Valle 1-0 in Wednesday night’s Copa Libertadores final.

It was Nacional’s second-ever title in the premier South American club tournament and the first by a Colombian team since 2004.

One of those killed was wearing the shirt of a rival Medellin club when he was slashed in the neck with a knife. There were also reports that mobs of Nacional fans attacked adversaries in Bogota.

Police say at least 23 people were injured.

MLS All Stars 1-2 Arsenal: Chuba Akpom provides the late winner for the Gunners

MLS All-Stars midfielder Giovani Dos Santos, front, of Los Angeles Galaxy, takes a shot on goal against Arsenal during the first half of the MLS All-Star soccer game Thursday, July 28, 2016, in San Jose, Calif. (AP Photo/Marcio Jose Sanchez)
Associated Press
Leave a comment

It’s a pre-season friendly for the Premier League side, but it never ends up playing out that way. This Thursday night in San Jose turned out to be an entertaining meeting between Arsenal and the MLS All-Star bunch that saw Arsenal youngster Chuba Akpom tap in the winner in the 87th minute after goals from Didier Drogba and Joel Campbell had evened out for much of the match.

The game was wide open early, as Theo Walcott had the game’s first chance, and Giovanni dos Santos had a good look down the other end in the ninth minute, saved by Petr Cech.

Minutes later, the opener came for the Gunners as a lovely touch from Joel Campbell chipped over MLS goalkeeper. Laurent Ciman attempted to box out Campbell as the ball trickled towards the net, but instead brought down the Arsenal striker. The foul by Ciman usually would have drawn a straight red card for denying a clear goalscoring opportunity, but not looking to ruin the event in the 10th minute, the referee pointed to the spot but only showed the Montreal defender yellow. Campbell then slotted the penalty home to give Arsenal the lead.

Elneny had a go on 26 minutes looking to double Arsenal’s lead with a vicious strike from outside the box, but Blake produced a stunning save to tip it over the bar.

With a game to play in less than 48 hours, the two NYCFC players David Villa and Andrea Pirlo departed after just a half-hour, with Sascha Kljestan and Nacho Piatti coming in.

The game seemed to settle in after the opener, although the game was not lacking competitiveness, as evident by a number of heavy challenges. Amid plenty of pre-match talk centered around Didier Drogba facing former Chelsea teammate Petr Cech, the All-Star striker leveled the match just before the halftime break. A great ball from Kljestan to Giovanni dos Santos unlocked the young Arsenal defense, and Drogba was there to finish off the chance on his third attempt, seeing the first two saved and blocked.

Arsenal brought on new signing Granit Xhaka after halftime, while USMNT youngster Gedion Zelalem came on with just over 20 minutes to go. Xhaka ripped off a good long-range shot that forced a solid diving save by substitute goalkeeper David Bingham.

The visitors brought on their youngsters as the second half eased along, with Chuba Akpom and Jeff Reine-Adelaide seeing action. Cyle Larin came on late for the MLS All-Stars, and USMNT veterans Clint Dempsey and Chris Wondolowski made appearances as well.

With the clock winding down, Chris Wondolowski brought back shades of 2014, firing over the bar with a glorious chance to win it for the MLS All-Stars after hard work by Larin down the right. Minutes later down the other end, the Gunners took the game in its grasp. An overlap to perfection between Alex Iwobi and Nacho Monreal opened things up at the near post, and the latter placed it on the doorstep for Akpom to tap home the winner.

The loss is the first for MLS All-Stars since 2013, and it’s the first in six games against a London opponent.

Sounders remain busy, bring back Alvaro Fernandez a day after signing Lodeiro

BRIDGEVIEW, IL - AUGUST 04:  Alvaro Fernandez #4 of the Chicago Fire controls the ball against Toronto FC during an MLS match at Toyota Park on August 4, 2012 in Bridgeview, Illinois. The Fire defeated Toronto FC 2-1.  (Photo by Jonathan Daniel/Getty Images)
Getty Images
Leave a comment

The Seattle Sounders have had a busy summer, looking to ease supporters angry with the club burrowed in last place in the Western Conference.

Having brought in Uruguayan playmaker Nicolas Lodeiro on a Designated Player contract on Wednesday, the club announced the return of fellow Uruguayan and former Sounders DP Alvaro Fernandez, who comes back to CenturyLink Field four years since his 2012 departure.

Fernandez spent the last three-and-a-half seasons outside MLS after spending just half a year with the Chicago Fire. He spent loan stints in Qatar, Argentina, and his home country of Uruguay before signing for Argentinian side Gimnasia permanently in 2014.

Fernandez and Lodeiro played together with Uruguayan side Nacional in 2009 when the club made a run deep into the Copa Libertadores. They also played together on the Uruguayan national team during the 2010 World Cup, although neither was a consistent starter. Lodeiro said upon Fernandez’s signing, “We are good friends.”

During his first stint with the Sounders, Fernandez made 81 appearances, scoring 17 goals.

Norwich City striker Ricky van Wolfswinkel signs with former club Vitesse Arnhem

NORWICH, ENGLAND - AUGUST 17:Ricky van Wolfswinkel of Norwich City celebrates after scoring their second goal during the Barclays Premier League match between Norwich City and Everton at Carrow Road on August 17, 2013 in Norwich, England. (Photo by Tony Marshall/Getty Images)
Getty Images
Leave a comment

Ricky Van Wolfswinkel, Norwich City’s record transfer at the time of his purchase from Sporting CP in 2013, is moving on after a largely unsuccessful four-year stint with the Canaries.

The 27-year-old has returned to his home country, moving to Vitesse Arnhem – the club he went professional with as a 19-year-old. Van Wolfswinkel made his professional debut in April of 2008 with Vitesse, and now returns for an undisclosed fee.

Van Wolfswinkel came to Norwich in 2013 with much fanfare, signing for a reported fee of $11 million – a club record signing at the time.

He proceeded to score just a single goal in 25 appearances during his first season in the Premier League, with Norwich finding itself relegated. He moved to Ligue 1 on loan with Norwich in the Championship, but still managed just five goals in 28 league appearances with St. Etienne. He never made another appearance for the Canaries, instead moving on loan again Real Betis last season, but flopped there too, scoring just once in 16 league appearances.

“I debuted in professional football on behalf of Vitesse and that is something you never forget,” van Wolfswinkel said upon signing. “After several foreign adventures I look forward to returning to the Dutch fields. I hope to find my niche and want to play well and add many goals and assists for Vitesse.”