MANU Stock Recent News

Manchester United Plc (NYSE:MANU) presents a long-term growth opportunity despite mixed first quarter earnings, analysts at Jefferies believe. The football team reported revenue of £157 million (about US$199 million), above the analysts' estimates of £153 million (about US$194 million).

Manchester United shares fell Wednesday after the iconic English soccer club lowered its 2024 revenue guidance, citing the club's early exit from the Champions League and the related impact on broadcasting revenues.

Manchester United Plc (NYSE:MANU) on Wednesday slashed earnings guidance reflecting its exit from football's elite European competition and related reduction in Broadcasting revenue. The Red Devils finished bottom of their Uefa Champions League group, and are sitting outside of Champions League qualification places at present.

Manchester United Plc (NYSE:MANU) holds the ability to force Jim Ratcliffe to divest his ownership in the club within the first 18 months of finalising the deal, new filings revealed. The conditions required to trigger this provision were not specified.

Dec 26 (Reuters) - Manchester United (MANU.N) said it could coerce Jim Ratcliffe under certain circumstances to divest his ownership in the British soccer club at least 18 months after the billionaire closes his acquisition of a 25% stake in the company.

Manchester United plc announced a deal to sell 25% of the franchise to Sir Jim Ratcliffe for $1.34 billion, or $33 per share. The deal values the football franchise at $5.4 billion, but the stock continues to trade far below this valuation. Despite recent struggles, investing in Manchester United provides an opportunity to own a premier sports franchise at a discounted value.

The shares of Manchester United PLC (NYSE:MANU) are rising this Boxing Day, as the company is finally seeing some relief from its recent ownership uncertainty.

CNBC's Sara Eisen and Scott Wapner discuss the news reports of soccer club Manchester United to sell 25% of EPL club to UK billionaire Jim Ratcliffe.

Shares of Manchester United Ltd. MANU climbed 4.7% in premarket trades Tuesday after British billionaire Sir Jim Ratcliffe clinched his 25% minority stake in the iconic English soccer club.

Dec 24 (Reuters) - British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25% stake in Manchester United and pledged to invest $300 million in the English Premier League soccer club to try to revive its fortunes.