Query: On March 10,2016 what was the value of a share of Arsenal stock?
Context: Only 62,217 shares in Arsenal have been issued, and they are not traded on a public exchange such as the FTSE or AIM; instead, they are traded relatively infrequently on the ICAP Securities and Derivatives Exchange, a specialist market. On 10 March 2016, a single share in Arsenal had a mid price of £15,670, which sets the club's market capitalisation value at approximately £975m. Most football clubs aren't listed on an exchange, which makes direct comparisons of their values difficult. Business magazine Forbes valued Arsenal as a whole at $1.3 billion in 2015.