MANU Stock Recent News

Manchester United owners the Glazer family are facing a potential bill running into hundreds of millions of dollars after a court judgement affecting all NFL team owners. A California jury ruled that the National Football League (NFL) violated antitrust laws, ordering it to pay $4.7 billion in damages to customers who purchased its Sunday Ticket package for live games via satellite television.

Manchester United's billionaire co-owner Jim Ratcliffe wants the club to be like Real Madrid — but says superstar signings like Kylian Mbappe aren't going to "solve the problem." -------- More on Bloomberg Television and Markets Like this video?

Billionaire Jim Ratcliffe, the co-owner of Manchester United Football Club, says the Premier League risks harming itself because of complicated rules designed to prevent teams from over-spending on players. “I just think the Premiership needs to be careful it doesn't get itself into an endless legal wrangle with lots and lots of clubs.

Jim Ratcliffe, the billionaire co-owner of Manchester United Plc (NYSE:MANU), has publicly backed Labour ahead of July's general election, citing dissatisfaction with current Conservative policies and leadership. Ratcliffe, who holds a minority stake in the football team through the chemicals giant Ineos, said he “had enough” of Sunak's policies and the string of failed prime ministers.

MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), will commence work to modernize the men's first team building at Carrington Training Complex next week, with a focus on creating a high-performance collaborative environment for players and staff. The £50 million project will result in all areas of the building being refurbished to deliver a world-class football facility with a positive culture to support future success. The architectural practice Foster + Partners, led b.

Manchester United (MANU) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Manchester United Plc (NYSE:MANU) shares represent a significantly less attractive investment in the wake of Sir Jim Ratcliffe's INEOS taking its influential stake in the business, that's according to analysts at Deutsche Bank. The German bank, in a note, has cut its share price target to $16.00 from $20.30 - versus a market price of $14.67 – and retained a ‘hold' rating.

Manchester United Plc (NYSE:MANU) said it's relying on new co-owner Jim Ratcliffe to help the club “deliver success on the pitch”, while management continues to deliver record revenues. Sales during the group's second quarter, which covered the three months to 31 December 2023, reached a record £225.8 million as the football team continues to enjoy the financial benefits of UEFA Champions League participation.

Manchester United's (MANU) second-quarter fiscal 2024 results are expected to reflect solid contributions from its reportable line of businesses, along with high costs and expenses.

Manchester United's share price has fallen rapidly since Sir Jim Ratcliffe's investment was completed last month.