Football on the stock exchange does not score goals at the moment. The only club in the world that can currently be satisfied with its adventure on the Stock Exchange is the Manchester United owned by the US Glazer family, listed since August 2012 on Wall Street, where it gained 10% in 2013 and 9,6% overall since its inception.
Constant performance, therefore, even if the last six months indicate a negative trend that is common to the other football teams that have chosen to flirt with finance. And so i Red Devils record a -14% in the last semester, but the three Italian companies in Piazza Affari are doing even worse: since they have been listed, Rome, Juventus and Lazio (respectively in 2000, 2001 and 1999) have practically canceled their value, losing 80%, 93% and 97% respectively. This is because, as many analysts explain, the placements took place in the years of the financial bubble, when the stock market was at an all-time high.
Things went better recently, but the 2013 performances are not misleading: overall positive (Roma +127%, Juve +6%, Lazio +9%) but also marked by the negative trend highlighted by the Manchester United stock. Just think for example that Roma now share about 34% of the maximum recorded on 20 October, in the wake of the record ten consecutive victories that had projected Garcia's team at the top of the standings.
The case of the title is a bit different Juventus Football Club, which in recent months has also been wiped out by the October boom which had led the share to be worth more than 0,33 euro, now back down to 0,22 euro, but with a non-negative trend in the last month (the one following premature elimination in the Champions League) which marks a +2%.
Performance still worse than those of English club, which is worth almost $15 on Wall Street despite receipts from television rights which, for example in 2013, were lower than those of the Juventus club: but the Diavoli Rossi also have their own stadium, which they manage to fill in every match, selling season tickets at a non-discounted price compared to those of the single game, not to mention the ability to obtain large sums from merchandising and sponsorships.
And the other listed football clubs? They are not many, but they all follow the path of the Italians: listed before the crisis (the last one was Lyon, in 2007), they have suffered the effects of the share collapses and are struggling to re-emerge.
So i European runners-up Borussia Dortmund, which boast the highest capitalization value among football clubs with 227 million euros, are down 62% since November 2000; French side Olympique Lyonnais -91% since February 2007 (and also lost 30% in 2013); the Dutch of Ajax Fc with -10% since January 2000. The dizzying performance of the Portuguese of Sporting Lisbon should also be noted: +365% in the last year but, as we wanted to demonstrate, -37% only between 25 and December 27th.
