Breakingviews - Man United sale heads into messy added time: podcast

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Breakingviews - Man United sale heads into messy added time: podcast
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The Premier League soccer club is in the final stages of a tense bidding war. In this Viewsroom podcast, Breakingviews columnists debate the merits of offers from a Qatari suitor and chemicals tycoon Jim Ratcliffe, and what options minority investors face if they are shut out.

Golden Goose may be close to laying another precious egg. Skirting a pandemic and war in Europe, the Italian maker of $500-apiece Super-Star sneakers - acquired in 2020 by Permira - has doubled sales to 500 million euros in just three years.

This while delivering a chunky EBITDA margin of 30% of turnover, two people familiar with the company told Reuters Breakingviews. Such figures are close to where 18 billion euro down jackets king Moncler stood the year before its 2013 Milan listing. Remo Ruffini’s brand could provide an inspiration for Golden Goose’s next step, or a solution.

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