Manchester United bounce back

Manchester United's share price on the New York Stock Exchange bounced back by the close of trading.

Last Updated: 08/05/13 at 22:26 Post Comment

Latest Articles

Transfer news: Blackpool boss Jose Riga admits he needs more players

1 comments

Blackpool manager Jose Riga is aware that he needs 'more players' if Blackpool are to steer a course to safety.

Transfer news: Stuart Pearce quiet on Nottingham Forest loan targets

Post comment

Stuart Pearce has refused to divulge the identity of those he has lined up as loan targets for Nottingham Forest.

All Articles

Sir Alex Ferguson: Retirement announceme

Sir Alex Ferguson: Retirement announceme

Sir Alex Ferguson's retirement announcement caused an initial dip in Manchester United's share price on the New York Stock Exchange but by the close of trading it had bounced back.

From an opening price of 18.77 US dollars, the shares fell by as much as 4.5 per cent to under the 18-dollar mark and then revived significantly.

The value of a share at the close of trading was 18.44 dollars, 33 cents down - a 1.76 per cent drop - and still higher than the share price on Friday last week.

A club's manager is perhaps the single most important appointment in terms of its success on the field - which in turn affects its commercial success off the pitch.

In its prospectus ahead of the New York stock market flotation last August, United warned that its business was dependent on such success.

"We are highly dependent on members of our management, coaching staff and our players," United said in its IPO prospectus.

"Any successor to our current manager may not be as successful as our current manager."


Click here for completely free £10 bet with Sky Bet & £5 free every week


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

QPR apologise for row between Harry Redknapp and Adel Taarabt

QPR have issued an apology for the ongoing war of words between manager Harry Redknapp and midfielder Adel Taarabt.

Premier League: Sunderland players offer to refund fans for trip to 8-0 defeat at Southampton

Sunderland players have offered to refund fans who made the long trip to Southampton to see their side routed 8-0.

FA General Secretary Alex Horne to leave post in January

FA General Secretary Alex Horne will leave his post at the end of January.

Mail Box

Are There Any Happy Fans Out There?

It seems as if Chelsea, West Ham and Southampton are the only content supporters right now. We have more doom and gloom for you. Who wants good news, eh..?

Is Van Gaal Just A Dutch Pardew?

A Mailbox of comparisons. Van Gaal is similar to Pardew, Wenger to Moyes, Van Persie to a spent force, and Pelle to a bloody gent. There's also plenty from last night...

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