For today we decided to present you with a YTD share price peformance of listed European football clubs.
Football enthusiasts have recently witnessed Bayern München lift the Champions League trophy for the 6th time in the club’s history. There is no doubt that this year’s Champions League will go down in history books as one of the most unique tournaments played, as the ending of the tournament was played with no supporters on sight and only one game being played in the knock-off round. It is obvious that Covid-19 pandemic has taken a toll on football clubs as well, so 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.
The ongoing situation has already negatively affected football clubs in many ways, such as 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, -14% to be exact.
In the graph below, you can see the performance of certain FTCP index constituents with the addition of Manchester United, which show mixed results. As visible from the graph, on the gainers side one can notice that 4 out of top 5 are Turkish clubs, with Trabzonspor leading the list (+144.19% YTD). On the flip side, 10 clubs have witnessed a double-digit decrease, with Roma leading the losers (-54.6%).
YTD Share Price Performance of Selected European Football Clubs (%)
