Manchester United has an ardent fan base -- 75,000 cheering them on at every home game and millions more watching on TV. But apparently there aren't a lot of soccer fans on Wall Street. When the club kicked off its IPO Friday, the excitement was muted, to say the least.
The Super Bowl champion Green Bay Packers got the NFL's approval this week to sell more stock to the public, but even the Pack can't compete with the buzz of another anticipated "football" stock offering: Manchester United. Certainly owning stock in a team makes for great pub talk, but is it a wise investment?