(And naturally, World Wrestling Leisure itself, nonetheless XFL’s part-owner, sells for three.9x gross sales.)
The Rock: Funding genius
Now admittedly, in contrast to WWE, the XFL isn’t worthwhile (but). However neither are Manchester United, Liberty Braves, or Madison Sq. Backyard Sports activities! Even an unprofitable sports activities inventory, it appears, may be price one thing to traders. And from all the evidence, it seems that “one thing” normally ranges from three.6 to six.6 instances annual gross sales — however Johnson is paying lower than 1.zero instances gross sales for the XFL.
No surprise the Rock cooked up a deal to purchase the XFL. This was such an ideal cut price he might virtually odor it.
10 shares we like higher than World Wrestling Leisure
When investing geniuses David and Tom Gardner have a inventory tip, it might pay to pay attention. In any case, the publication they’ve run for over a decade, Motley Idiot Inventory Advisor, has tripled the market.*
David and Tom simply revealed what they consider are the ten best stocks for traders to purchase proper now… and World Wrestling Leisure wasn’t one in all them! That is proper — they suppose these 10 shares are even higher buys.