How have publicly-listed football clubs performed during the recent global market downturn?
Alamy
The volatility of the football industry is said to be high, but beta numbers show that on average a portfolio of the listed clubs follows the general market.
Why it matters? Publicly listed football clubs have outperformed the global market and other companies operating within the sports industry in January 2022.
The perspective: The global stock market has been at a record high in 2021 amid the pandemic, but the beginning of 2022 has seen it plummet.
18 February 2022 - 1:46 PM
The global stock market showed signs of high volatility at the end of 2021 and has suffered a major downturn at the beginning of 2022, falling by close to 10 per cent in January, with technology shares in particular having been hit hard, mainly due to fears that interest rates will be increased in order to tame inflation.
But how have the most prominent publicly-listed European football clubs performed in the fourth quarter of 2021 and January compared to global market indexes (S&am
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