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

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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.

France veteran Malouda loses appeal in Gold Cup case

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LAUSANNE, Switzerland (AP) Former France winger Florent Malouda has lost his appeal against being ruled ineligible to play for French Guiana at the 2017 Gold Cup.

The Court of Arbitration for Sport says its judges dismissed Malouda’s appeal against North American soccer body CONCACAF.

French Guiana fielded Malouda in a 0-0 draw against Honduras last July despite being told he was not eligible. CONCACAF awarded a 3-0 win to Honduras and suspended Malouda.

The Gold Cup uses FIFA eligibility rules which bar players from transferring allegiance after playing a competitive game for one country.

Malouda played 80 times for France including a 2006 World Cup final loss against Italy.

The French Guiana soccer federation hoped Malouda, now aged 37, could play in the Gold Cup because it is not a FIFA member.

Report: Bobby Wood unlikely to come to MLS this summer

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A U.S. Men’s National Team forward will probably have to wait a bit longer to come to Major League Soccer if that is the path that he chooses.

Reports have recently surfaced linking Bobby Wood to MLS at the conclusion of the Bundesliga season, however, MLSSoccer.com is reporting that a move for the American likely won’t come in 2018.

Wood, who remains under contract for three more seasons at Hamburg, is currently fighting relegation in Germany with his club side.

Hamburg currently sits 17th in the German top flight, eight points buried in the relegation zone with four matches remaining.

The MLSSoccer.com report suggests that MLS clubs aren’t willing to compensate Wood at the current rate of his contract in Germany.

Currently, Wood is making “several million dollars” per season, and even if Hamburg is relegated in 2017/18 Wood’s contract wouldn’t decrease to a number that clubs are comfortable paying.

If Wood was to join MLS, he would be considered a Discovery signing as he is not currently on the MLS player allocation list. The Washington Post previously reported that an MLS club has Wood included on their Discovery list, although the team’s identity isn’t known.

Report: Fellaini eyes MLS, China after shooting down Man United terms

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Marouane Fellaini‘s time in Manchester looks to be numbered, and a move abroad could have the Belgian in line for one last payday during his career.

The Manchester United midfielder has rejected multiple offers to stay on at Old Trafford ahead of his contract expiring this summer, which would allow Fellaini to pursue other opportunities come June.

Fellaini is being linked to moves to Major League Soccer and the Chinese Super League, as the veteran aims to secure a sizable contract upon leaving the Red Devils after over five-and-a-half years with the club.

The Daily Mail is also reporting that Fellaini would be open to hearing options that could keep him in the Premier League, although it is unclear if there is any serious interest from English sides at this time.

Since the arrivals of Paul Pogba and Nemanja Matic, Fellaini has struggled to find playing time under manager Jose Mourinho.

This season, the Belgium international has appeared in just 14 PL matches and 19 in all competitions. Fellaini has scored four goals in that span.

Chicago Fire venue to be renamed SeatGeek Stadium

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The Chicago Fire won’t be moving into a new stadium 2019, however, their venue will have a new name donned on the side of it.

For years, the Eastern Conference side has played its home matches at Toyota Park in Bridgeview, Illinois, but starting next season the Fire’s home turf will be called SeatGeek Stadium as part of a rebrand.

SeatGeek is one of the largest online after-market ticket distributors, and was created back in 2009.

Toyota Park will undergo its transformation at the conclusion of the 2018 MLS season.

The venue is also home to the NWSL’s Chicago Red Stars.