Virgin Money launches Manchester United bond

Triple return rest on team bagging 'Double'

Tom Ellis
clock • 1 min read

Virgin Money has launched a Manchester United bond that has the potential to triple returns if the football team has a successful 2017/18 season.

The 'Double Champions Bond' has a 1% fixed rate but this will rise to 3% should Manchester United manage to win both the Premier League and the FA Cup next season.  As part of the scheme, those who buy the bond will also have a monthly chance to win a range of prizes, including tickets to matches at Old Trafford and signed replica shirts. The more savers invest, the better their chances of winning prizes, said Virgin Money, which is the 'Official retail financial services partner' of Manchester United in the UK . Savings levels run from a minimum of £1 up to a maximum of £30,000 an...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read