Man United ‘concerned’ after ‘volatile’ £1.9bn reveal

As relayed by The Athletic last Tuesday (14 June), United’s share price fell below $11 for the first time since they went public over a decade ago.

Data taken from Yahoo Finance on Tuesday (21 June) shows that the price has now risen to around $11.50, with the market cap standing at £1.9bn.

The share price was as high as $20 when 37-year-old superstar Cristiano Ronaldo re-signed in August last year.

Plumley suggests that the Glazers will be worried by the dramatic fluctuations given that they are about to enter a transition period under Erik ten Hag.

“I think they will be concerned,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.

“The model has been to generate as much income as possible through the organisation. That means they have to perform well on the stock market.

“It has been cited that there are wider market considerations that have affected things here. But there is also uncertainty and a rebuild job that needs to be undertaken by Ten Hag.

“That is not a short-term rebuild. It will take five to 10 years. You have got the situation with Old Trafford as well. That will create a little…