United shares rally despite rumours

Manchester United's shares rallied on the NYSE despite defeat in the Champions League and rumours over David Moyes' future.

Last Updated: 27/02/14 at 08:20 Post Comment    Bet with SkyBet  Manager Specials. Click here to bet.

David Moyes: Position at Manchester United in doubt

David Moyes: Position at Manchester United in doubt

Manchester United's shares rallied on the New York Stock Exchange despite the club's disappointing defeat in the Champions League and rumours over David Moyes' future.

United's 2-0 defeat at Olympiacos leaves an uphill task to reach the quarter-finals but pessimism did not extend to the stock market.

There was an initial drop in the share price when the market opened but it soon rallied and finally closed on Thursday 33 cents up at 14.98 US dollars.

The day's trading followed rumours, which proved to be false, that there would be an imminent announcement on the New York Stock Exchange about the future of United manager Moyes.

The club were baffled by the reports that their manager was set to leave his position - United have always insisted Moyes will be given time to prove that he is the right man to maintain the success delivered by predecessor Sir Alex Ferguson.

Moyes admitted after the Olympiacos match that he could barely identify one of his players who deserved praise.

"You could hardly pick anybody out. We just didn't perform," the Scot said.

Robin van Persie, speaking to Dutch broadcaster NOS after the match, admitted his frustration at the team's lack of consistency.

"We all have to work at it," the former Arsenal striker said. "In some games we do play well but in others we do not. We have not had luck at times.

"I am not going to point the finger at anybody. We need to try and turn it around and we need to take our chances."


New Sky Bet customers: Free matched bet up to £30


Ha. Despite the David Moyes Rumours?? Surely that was the reason they rallied..
- parsy12

Bet with SkyBet  Manager Specials. Click here to bet.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

Mike_Christie
Please Stop Telling Us What To Think

H

ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

TheWhiz
Wenger hails important win

I

s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
De Gea's Europa League target

Footer 365

Premier League: Everton remain in top-four hunt with victory over Manchester United

Everton secured a Premier League double over Man United and former boss David Moyes with a 2-0 victory at Goodison Park.

Premier League: Arsenal boss Arsene Wenger pleased with display in 3-0 win at Hull

Arsenal boss Arsene Wenger was pleased with his side's performance as they eased to a 3-0 win over Hull City.

Premier League: Liverpool's Raheem Sterling best young player in Europe says Brendan Rodgers

Liverpool manager Brendan Rodgers has described Raheem Sterling as the best young player in Europe.

Mail Box

That's Why We Didn't Want Jose At United

There is plenty of reaction to Mourinho's antics (Isn't that exactly what he wanted?) plus thoughts on Connor Wickham, Fabio Borini, beach balls and Tim Sherwood...

Kieran's Not The Only One Keeping Notes

Another chap in the mailbox has been keeping notes on comments made by optimistic Man United fans. Plus, Garey Vance is offering a double-or-quits on his new tattoo...

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