Generally, to be an owner in any capacity of a sports team, one has to be fantastically wealthy to even think of it. However, for the sports fan with some money to invest, there are a small number of publicly traded sports teams, a number of which aren't bad stock picks. Article source:
https://personalmoneynetwork.com/Not a lot in America
Pink Floyd points out how nice it would be to own a sports team in the song “Money” where it talks about the ownership. You have to be prosperous to get in on the action though. This is because most groups are privately owned. It is not very inexpensive to start owning an entire sports team, specifically if the team is good.
A small number of sports teams, however, are publicly-traded, meaning that shares are bought and sold on stock markets. For not a whole lot of <a href="
https://personalmoneynetwork.com/">money</a>, an individual can purchase a share in publicly-traded sports groups and are technically an owner, even if that one share doesn't amount to much. Some are even decent investments. However, most are sports groups in other countries.
Getting in on IPO
The Wall Street Journal explained that Formula One, the premier racing series in the world, could not hold its initial public offering planned for earlier this year because of decisions made by majority owner CVC Capital Partners. Later this year, the Initial Public Offering in Singapore might still occur, though it is on hold for now.
The IPO scheduled for a serious sports franchise is for Manchester United, according to The Atlantic. Manchester, also called “Man U” or “The Red Devils,” are essentially the New York Yankees of soccer and are not only going to have an IPO, they decided recently to stage it in the U.S. rather than Singapore, where the team's owners had initially planned on holding it. The team is mostly owned by the Glazer family, according to the Wall Street Journal, who also own the Tampa Bay Buccaneers of the National Football League.
Only some are decent buys
Manchester United, once trading begins, can be a good purchase in the long run, as it is essentially the biggest sports franchise on the planet. Madison Square Gardens, the well-known venue, is also not a bad stock, according to Daily Finance, as it has consistently traded above the Standard and Poor 500 market average.
According to Daily Finance, it would not be good to publicly trade World Wrestling Entertainment since it has not been doing very well. BusinessWeek also points out that the American Basketball Association is trading for 5 cents per share, which is also bad.
Some other famous soccer teams are publicly owned but according to the Atlantic, don't do as well as typical stocks, as their industry performance is heavily tied to game performance, and losing streaks tend to tank share value.
Only one American sports team is publicly-traded, namely the Green Bay Packers. They are an oddity, as the NFL forbids more than 32 owners of any one team. However, the Packers joined the league before the rule was instated. It's a terrible investment, though. The stock can't be sold for profit and the team, a non-profit, pays no dividends.
<strong>Sources</strong>
<a [Suspicious link removed]j.com/article/SB10001424052702303734204577464292348447640.html">Wall Street Journal</a>
<a href="
http://www.theatlantic.com/business/archive/2012/06/want-to-invest-in-the-worlds-most-valuable-sports-team-now-you-can/258491/">The Atlantic</a>
<a href="
http://www.dailyfinance.com/quote/nasdaq/madison-square-garden/msg">Daily Finance</a>
