Share Price Performance of European Football Clubs

For today we decided to present you with a YTD share price peformance of listed European football clubs.

For football enthusiasts the current Covid-19 situation comes with an additional burden, as all major leagues are put on hold. Avid fans have turned to following the Belarusian league, the only European league still being played, while some are watching reruns of old matches. There is no doubt that the football industry has been severely impacted by the ongoing situation, which can be reflected in the fact that the value of football players worldwide has decreased by EUR 9.22bn, according to Transfermarkt. To put things into a perspective, that is 9 times higher than the current market value of the most valuable club in the world, Manchester City.

For today, we decided to look at the YTD share price performance of listed European football clubs. Back in the 1990s when competition prizes, sponsorship and TV rights were not as lucrative as today, many clubs decided to raise capital through an IPO in order to secure the funds need to purchase the best players and finance future results. European football clubs that decided to offer their shares to investors can be found in the STOXX FCTP index.

YTD Performance of FCTP Index

The ongoing situation has already negatively affected football clubs in many ways, like the ticket sales and broadcasting revenues as well as compensations received from UEFA. As a result, just like many global indices, FTCP observed a double-digit decrease on a YTD basis, 24.6% to be exact.

In the graph below, you can see the performance of certain FTCP index constituents with the addition of Manchester United. As visible from the graph, Turkish Trabzonspor recorded by far the best share price performance of +127.9% YTD. On the flip side, the biggest YTD decreases can be observed with 2 Italian clubs Roma and Juventus, which recorded a 42.2% and 38.1% decrease, respectively.

YTD Share Price Performance of Selected European Football Clubs (%)

InterCapital
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Category : Flash News

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