The forthcoming sale of British soccer team Manchester United by its American owners demonstrates the enduring allure of the valuable — yet possibly still undervalued — trophy sports as…
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The resulting burden has stifled much-needed investment in the club’s aging stadium and training facilities. That’s more than the combined total spend of all 78 teams in Europe’s other big leagues. Even bigger clubs can’t compete. The lucrative prospect of a future ‘European Super League’ – as well as potential matches outside of the UK – are music to investors’ ears.
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