ManU has seen its value on the stock market fall by over £400M ($568.4M) during the course of the '15-16 season after a "troubling and underwhelming few months for arguably the world's most famous football club," according to Jamie Spencer of YAHOO SPORTS. According to a report from Sky Sports, the price of individual shares on the stock exchange was $13.83, 24 hours after the "humiliating collapse against Tottenham at the weekend." When ManU faced Spurs on the opening day of the season the price had been around 25% higher at $18.37. It means that over the course of the last eight months, the club's overall value has dropped from £2B ($2.84B) to £1.58B ($2.25B). Unfortunately for Manager Louis van Gaal, "his dismal tenure has coincided with the significant fall." In fact, when the Dutchman took over in '14, ManU's overall market value stood £650M ($924M) higher than it does right now -- a near $1B ($1.4B) decrease. The stock value "is currently at an all-time low, with the club having initially been floated on the market" at $14 per share in '12 (YAHOO SPORTS, 4/12).
KIT LEAK?: In London, Liam Corless reported an image has emerged online "which is claimed to be the shirt" from ManU's third kit for the '16-17 season. Website Footy Headlines "circulated a picture of the kit, which will reportedly be officially released by the club" on Aug. 4. The club is currently in the first year of its 10-year, £750M ($1.06B) kit deal with adidas (DAILY MIRROR, 4/13).
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| Source: FOOTYHEADLINES.COM |
