Disappointment in the ranks of her fans Manchester Unitedfollowing the suspension of the sale of the club’s shares by the family Glazerat least until 2025.
The American owners have found themselves “in the eye of the cyclone”, at the same time that the share of the English club at stock exchange has presented a historic decline in its class 18.15%. Specifically, from $23.64 where was the Fridaythe amount fell to $18.50at its close Tuesday (05/09).
Also, the total market value of the club decreased from the 3.6 billion euros at 2.9. This value represents just the 25% of the share, which are available to sell by Manchester United its owners, in case of departure. The specific numbers are the worst of the club in this part, here and 11 years.
Despite the financial support he will receive from participating in Champions League, the dissatisfaction among the friends of the “red devils” for the financial part remains. During the summer transfer window, restrictions were placed on Eric Ten Hach and his associates, who were able to complete just three transfers.
Manchester United’s shares fell by a record amount for a single day today. Shares down 21% at one point & currently at 18%. Over £550m taken off market value. Numbers on course for worst day in #MUFC‘s 11 years as a public company as market reacts to reports Glazers won’t sell.?? pic.twitter.com/W1LJhte4l2
— Ben Jacobs (@JacobsBen) September 5, 2023
Editor: Thodoris Dimopoulos
Source: Sport Fm
I am currently a news writer for News Bulletin247 where I mostly cover sports news. I have always been interested in writing and it is something I am very passionate about. In my spare time, I enjoy reading and spending time with my family and friends.