05/10/2025
This week on The Intrinsic Value Podcast, Daniel Mahncke and Shawn O’Malley dive into Manchester United, the legendary football club that’s grown from a 19th-century railway team into one of the most recognized sports brands on the planet. With revenue pillars in commercial sponsorships, broadcasting rights, and matchday income, plus a fanbase that spans every continent, United is often described as one of the biggest franchises in global sports.
To frame the economics of the club, Daniel and Shawn also unpack the key differences between Europe’s open football leagues and the closed, franchise-based model of U.S. sports.
The central question is how Manchester United can close the gap between Forbes’ $6.6 billion valuation estimate and MANU’s $2.7 billion market cap.
Will the Glazer family finally sell, or does new ownership simply reshape the status quo?
And can the proposed 100,000-seat “New Trafford” project transform the financial outlook without sinking shareholders?
There’s a lot to unpack in asking whether one of the most popular sports teams in the world can also be a world-class investment. Find out more!