What is the role of banks when a company decides to offer an IPO? –
Case Analysis Guidelines and Rubric
In this course, you will complete three Case Analysis assignments. These will be due in Modules Three, Five, and Seven.
1. Read the Case: The first step is to get acquainted with the situation. Read through the case and assess what is going on. Who are the key
players? What information is available to you? Go back and reread the case carefully, paying particular attention to case facts.
2. Define the Problem: Put yourself in the place of the decision makers in the case. What are the critical issues?
3. Build your Analysis: Gather the important facts and concepts in the case. Build a theme for your analysis and establish the importance of the
problems you have identified. Answer the questions provided with the case.
4. Recommendations: Based on your analysis provide any recommendations for courses of action or possible alternative solutions.
Case analyses must include the following items:
Title page containing case name and date
Brief summary of the situation in the case
Identification of problems or issues
Analysis of the problems or issues/answers to case questions
Your recommendations and clear reasoning for your decision
References if applicable
Case Analysis Assignment #1: Les Alexander & the Houston Rockets
Read the following articles that describe Les Alexander’s portfolio including the Houston Rockets and Rocket Capital. As you read through the
articles, think about the financial principles of portfolio investments and how assets can complement each other. Take note of the key
stakeholders including Les Alexander, Kenneth Huang, Red McCombs, Jeremy Lin, and Yao Ming. For the assignment, integrate your responses to
the questions below into a 3-page, double-spaced paper. Respond in a single narrative rather than answering each question separately.
Financial Portfolios – The Houston Rockets and Jeremy Lin
Rocket Fuels Chinese Cars
Brilliance Auto Introduces the Rocket Capital/Red McCombs Investment Consortium as Strategic Investor
A Profile of Kenny Huang: Liverpool’s Potential New Owner
Profile: Slick Deal-Maker Kenny Huang Is No Billionaire but His Contacts Could Be Key to Affluent Liverpool Future
A Deal-Maker on Wall Street, an Altruist in China. But Can Huang Be a Saviour at Anfield?
Anatomy of a Deal: How the Rockets Landed Jeremy Lin
Rockets’ Signing of Lin Bodes Well for Their New TV, Radio Homes
1. Describe Les Alexander’s portfolio of businesses and the role of the Rockets in this portfolio.
2. What do business partners Red McCombs and Kenneth Huang bring to Rocket Capital?
3. Although Huang’s attempts to purchase Liverpool failed, describe how this acquisition could have benefited Rocket Capital.
4. How might the signing of Jeremy Lin boost the business of Rocket Capital?
5. Why might Jeremy Lin be worth more to the Houston Rockets than any other NBA team?
Case Analysis Assignment #2: Minnesota Vikings Stadium
Read the articles below that describe the negotiation process between the Vikings and Minneapolis, St. Paul, and the state of Minnesota. As you
read through the articles, think about our discussions on public subsidies and economic impact. Take note of the role played by Zygi Wilf, Roger
Goodell, and the Minneapolis City Council. For the assignment, integrate your responses to the questions below into a 3-page paper. Respond in
a single narrative rather than answering each question separately.
Building a Stadium: The Minnesota Vikings and Public Financing
Two More Plans to Build Vikings Stadium Emerge
Stadium Deal May Test Minneapolis Charter
NFL Warning of Sale, Move Adds Pressure for Stadium Deal
Public on Hook for Vikings Stadium Overruns
Vikings Stadium Clears Final Hurdle
Target Center a Winner in Vikings Stadium Deal
The Economic Impact of Minnesota Vikings Game Attendees: A Playoff Example
Vikings Financial Overview
1. How does the Vikings stadium deal illustrate the monopoly powers of the NFL?
2. What would you expect the economic impact of the new stadium to be? Compare to Vikings statements about the impact.
3. How might the Arden Hills site have fit with Wilf’s portfolio of real estate management?
4. In your opinion, if a municipality committed to building a stadium, would you prefer the usage of pull-tabs and gaming devices or a tax
5. After agreeing upon the stadium deal, Forbes increased the value of the Vikings by 22%. Explain financially why the value of the franchise
Case Analysis Assignment #3: Manchester United
Read the articles below that describe the history of IPO in sport, including the recent offering from Manchester United. As you read through the
articles, compare motivations and incentives of owning a professional sports team and the reasons companies are taken public. Consider the
trend of privatization of European soccer clubs and the value of these clubs to investors. For the assignment, integrate your responses to the
questions below into a 3-page paper. Respond in a single narrative rather than answering each question separately.
What Money Can’t Buy
Manchester United Said to Consider Moving Stock Sale to U.S.
Manchester United Picks NYSE for IPO
Manchester United Soccer Team IPO Gets a Yellow Card
Manchester United Lines Up Stock Market Debut
Analyst Debate: Is Manchester United a Top Stock?
1. What is the role of banks when a company decides to offer an IPO?
2. Why did the Glazers elect to list Manchester United on the NYSE instead of in London or Singapore?
3. How does the structure of European soccer impact the financial prospects of the Manchester United stock?
4. What do you expect for the future of the Manchester United stock? Value? Reacquisition by the Glazers?
5. Do you think that other teams will attempt to raise capital through IPOs? Why or why not?
3 pages – APA