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Slide #23. Manchester United — BskyB's One-Third Stake in MUTV
Manchester United (NYSE:MANU)
BskyB's One-Third Stake in MUTV
Manchester United (NYSE:MANU), one of the most popular and successful sports teams in the world, today announced the acquisition of the one-third minority equity stake in Manchester United Television (`MUTV') from BskyB (Sky). MUTV is now a wholly-owned group subsidiary.
Manchester United is a holding company. Through its subsidiaries, Co. is engaged as a professional football club together with related activities. Through Co.'s 139-year heritage Co. has won 66 trophies, including a record 20 English league titles. Co.'s passionate community provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, mobile & content, broadcasting and matchday. Co. attracts global companies such as Adidas, Aon and General Motors (Chevrolet) that want access and exposure to Co.'s community of followers and association with Co.'s brand.
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