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Manchester United Plc (NYSE:MANU) shares are a ‘Buy' but the football club's revenue forecast of £690 million for the year is very unlikely to be achievable, that's according to UBS analyst Ivar Billfalk-Kelly. The Swiss bank's own revenue forecast is pitched at £662 million, and it is based on United finishing the premier league in fifteenth place and doesn't assume any European success.
Manchester United is one of the most storied sports teams in the world, having garnered a record 20 top-flight league titles.
Manchester United Plc (NYSE:MANU) has unveiled plans to build a new 100,000-seat stadium to replace its current 115-year-old Old Trafford home. What would be the largest stadium in the country, topping Wembley's 90,000 capacity, is part of plans for a regeneration of the Old Trafford area, also including the building of 17,000 new homes.
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), has thrown its support behind the Government's growth agenda by announcing its intention to pursue a new 100,000-seat stadium as the centrepiece of the regeneration of the Old Trafford area. The stadium, and wider regeneration project, have the potential to deliver an additional £7.3bn per year to the UK economy which brings large-scale social and economic benefits to the community and wider region, including the possible.
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), will return to the US for pre-season preparations this July and August as part of the Premier League's Summer Series. The announcement of United's participation in the Summer Series was delivered live on NBC, the host broadcaster for the competition, during half time of its live coverage of Sunday's Premier League fixture against Arsenal at Old Trafford. Club legend Andrew Cole, a five-times Premier League champion, joine.
UBS is playing the long game on Manchester United Plc (NYSE:MANU), despite the club being on track for its worst-ever Premier League finish. The bank has cut its earnings estimates for 2025 and 2026, reflecting a predicted 15th-place finish this season and a mid-table recovery to 10th next year.
Manchester United PLC swung to a loss in the second quarter as the Premier League football club's absence from the top flight of European football hampered revenue. A £27.7 million loss was recorded for the three months to December 31, the club reported Wednesday, against a £24.4 million profit a year earlier.
Manchester United (MANU) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.14 per share a year ago.
MANCHESTER, England--(BUSINESS WIRE)--Tiger® Beer becomes the Official Beer Partner of Manchester United, bringing together the iconic Asian Brewer and one of the most popular and successful sports teams in the world, to enhance experiences and deepen engagement with United fans globally. The partnership launches at an exciting moment in Tiger® Beer's bold brand evolution, heralding a new era for the company and its football-loving consumers. In its initial stage the focus will be on connecting.
Manchester United Ltd. shares slid after the English soccer giant reported lower revenue and widening losses in its fourth-quarter results early Wednesday.