GOFPY - Why European Football Clubs Are Worthy Of Your Money
These are the stock performances, year-on-year, of the two football clubs in my portfolio: Juventus (OTCPK:JVTSF) up 98%; AFC Ajax (AJX) up 57%. Meanwhile, Vanguard FTSE Europe Index is down 4%.
Source: Yahoo Finance
Quite the outperformance. Surprising? Not really. On the contrary, there is still much upside potential left for football investors!
Why Juventus soared
The first increase, in August, can be fully attributed to the signing of Cristiano Ronaldo. Fans expected him to take Juventus to the next level, after losing in the quarter-finals of the Champions League. Cristiano