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Rediff News  All News  » Sports » Manchester United is largest sports IPO

Manchester United is largest sports IPO

August 14, 2012 16:18 IST

Manchester United Ltd, which raised $233.2 million on Thursday night, is the largest initial public offering on record for a sports team or club, according to Thomson Reuters data.

The club's shares were flat in their stock market debut on Friday.

Here's a look at some of the biggest deals in the sector and how they stack up:

World Wrestling Federation: raised $190.4 million in October 1999. The US:based company, which focuses on professional wrestling, is now known as World Wrestling Entertainment Inc.

Juventus Football Club SpA: raised $128.6 million in December 2001. The 115:year:old Italian soccer club is one of the country's most successful.

Borussia Dortmund GmbH & Co: raised $124.7 million in October 2000. The German soccer team is valued at $184.3 million.

Olympique Lyonnais Groupe SA: raised $115.4 million in February 2007. The French soccer team is one of the most popular clubs in the country.

Newcastle United Plc: raised $86.6 million in March 1997. The English soccer club is no longer publicly traded.

Williams Grand Prix Holdings Plc: raised $83.5 million in March 2011. The British company designs and manufactures Formula One cars.

SS Lazio SpA: raised $66.6 million in April 1998. The Italian soccer club, known as Lazio, plays in Rome.

AS Roma SpA: raised $63.9 million in May 2000. Roma plays its home games at Stadio Olimpico, the same venue as Lazio.

AFC Ajax NV: raised $62.2 million in May 1998. Ajax soccer club is based in Amsterdam.

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