Skip to main content

"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

United value falls

Share/Save

Manchester United have seen the club's value drop by about £137m since their flotation on the New York Stock Exchange just over a month ago.   


The Initial Public Offering was priced at $14 a share, below the $16 - $20 price targeted by the Glazers. However, the share price dropped to a low of $12.59 this week, a 10.1 per cent dip.   This meant that the club was valued at £1.29 billion compared with £1.42 billion on the August 10 launch date.


If the value of the club continues to decline it makes even less likely that the Glazers will sell as they want to recoup what they see as its true value.