Turf Moor

Next Game

Burnley v Man Utd

Saturday, 30 August 2014, 12:45

Barclays Prem

Stadium:MK

Last Game

MK Dons 4 - 0 Man Utd

Tuesday, 26 August 2014, 20:00

Capital One Cup Second Round

United's shares bounce back

Manchester United's share price in New York bounced back from an early dip in the wake of Sir Alex Ferguson's retirement announcement.

Last Updated: 08/05/13 at 22:21 Post Comment

Sir Alex Ferguson: Stepping down as Manchester United manager

Sir Alex Ferguson: Stepping down as Manchester United manager

From an opening price of $18.77, the shares fell by as much as 4.5% to under the $18 mark and then revived significantly, closing at $18.44.

That left the shares down 1.76% on the day but still at a higher mark than they were last Friday, when there was no hint that Ferguson was about to call it a day.

More fluctuations are likely until United settle on their replacement for the legendary Scotsman, who has been at the helm at Old Trafford for 26 years, long before the Glazer family became involved as owners.

The IPO prospectus hinted that volatility could be on the way last August, warning success could be dependent on when Ferguson left and who came in to replace him.

Their statement read: "We are highly dependent on members of our management, coaching staff and our players. Any successor to our current manager may not be as successful as our current manager."

Related News

Most Commented

Readers' Comments

E

ven if United were to sign CR7 & Messi to play upfront, the fact remains Fletcher and Cleverly are playing in midfield. That's where the problem is. Fletcher is too slow with an awful pass, while Cleverly is simply rubbish

mrunited4life
Di Maria - A Signing of Necessity, or Opportunity?

T

hese days, these days, you can't say something racist without somebody saying that you're a racist.

tk421
'Wrong' Views Not Silenced By Shouting...

D

rop Rooney (he's so disappointing, overrated and overpaid), and play Di Maria and RVP upfront, much like the set up at the Netherlands team with Roben and RVP...

eric bush3
Di Maria - A Signing of Necessity, or Opportunity?

Footer 365

Indian Super League: Alessandro Del Piero to play for Delhi Dynamos franchise

Alessandro Del Piero will play for the Delhi Dynamos and will take up an ambassadorial role in the Indian Super League

Transfer news: West Brom closing on deal for winger Sebastian Blanco

West Brom are close to agreeing a deal to sign winger Sebastián Blanco, according to Sky sources.

Women's football: Wolfsburg captain Nadine Kessler named Best Women’s Player in Europe

Wolfsburg captain Nadine Kessler has been named Best Women’s Player in Europe at an awards ceremony in Monaco

Mail Box

Don't Forget Chelsea Also Need A Striker

With Diego Costa struggling for fitness, one Chelsea fan pipes up in the mailbox to remind us that the Blues also need a striker. Plus, thoughts on Rooney as captain...

A United Fan Happy To See Welbeck Go

One United fan doesn't understand all the fuss over Danny Welbeck, while we also have mails on Arsenal being Arsenal, curious transfers and how to pronounce 'Gaal'...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property