Man United Value Drops Over £1.3 Billion As Share Prices Hit Record Low

 

Man United Value Drops Over £1.3 Billion As Share Prices Hit Record Low

As reported by the Manchester Evening News, Manchester United's overall value has plummeted by over a whopping £1.3 billion this week.

That's down to the fact that our share prices have dropped to a record low, dropping 47 per cent since October 2021.

After a poor 2021/22, the value of shares stand at 11.07USD, despite rising to as much as 20.74USD last September. It must be noted that was after Cristiano Ronaldo's return.

These bleak figures mean that since the Glazers took charge in 2005, the overall price of United shares has fallen by 21 per cent.

Meanwhile, the club's debt stands at £495 million. Despite all these problems, the MEN understands the shareholders - including six members of the Glazer family - will still pocket their semi-annual dividends.


Source: MEN

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