QQ-Sports > Football > The Europa League failed and the stock price plunged! Manchester United (MANU.US) lost 100 million Champions League funds, and the summer window signing plan may change
The Europa League failed and the stock price plunged! Manchester United (MANU.US) lost 100 million Champions League funds, and the summer window signing plan may change
Before the U.S. stock market trading on Thursday, Manchester United (MANU.US) stock price fell after the team lost to Tottenham Hotspur 0-1, and their hopes for the final championship this season were shattered.
For investors, more serious than losing the trophy, the team will miss the Champions League next season, which is expected to result in the club losing about $100 million in potential revenue.
This loss will inevitably affect the summer transfer plan. Head coach Ruben Amorim is setting out to rebuild the team, and Manchester United has been fighting for relegation over the past few seasons. It is worth mentioning that Amorim has stated that he is willing to give up all compensation if the club fails to fire him in the Europa League final.
Financial data shows that the listed club's revenue last year was US$777.1 million, down from the previous two years. In pre-market trading on Thursday, Manchester United's stock price fell by more than 7%, with a cumulative decline of 16% this year.
Wall Street analysts have different opinions on the stock: Two of the four analysts recommend "strong buy", two of them recommend "hold", while SeekingAlpha platform analysts give "sell" rating.
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