United Lose Fair Share

Stock price drop

- Richard Edwards

Manchester United are in the eye of a storm – after a huge crash in the financial markets.

The club’s share price dipped below 13 dollars on the New York Stock Exchange on Wednesday, falling from around 20 bucks earlier in 2020.

That drop follows monumental losses on Wall Street as a result of the spread of coronavirus and has now seen Manchester United’s value drop by more than a billion dollars since January.

And with no end in sight to the crisis, that value could slump further – particularly if the prospect of finishing the season remains distant.