Who the F*** Bought Man United ?!!
In the Champions League of Speculation - this is a Trophy
Earlier this week - we noted that Cineworld is up +51% since our call. With a simple thesis below:
“Management’s focus on the total sale of assets could attract new buyers to the news cycle.”
Like clockwork, the newswires started to roll in and the stock caught a bid that should keep it higher.
Who the Fund Bought Man Utd !?
In our latest update to readers, we also noted bids from billionaires and sovereign wealth funds for trophy content assets:
“Spec the Middle East”
Money coming out of the middle east to buy content assets is a great thesis. Both MANU 9.05%↑ and WWE 0.52%↑ will always catch a bid at intrinsic value. The ability to privatize these businesses or to link them to strategic buyers creates many outs for investors.”
Word on the street is that the current United owners have set a 17 February soft deadline to entertain bids for a sale. This seems to be the case - based on the EST close of MANU 0.00%↑.
Wrestlemania? WWE 0.00%↑