The shares of the English club Manchester United lst a total f 446, four hundred and forty six million pounds, all in a single week.
There c were a few reasons for the loss of so uch value for the clubs hares.
1) Newcastle United had sold out to a Saudi Arabian consortium for a sum of 305, three hundred and five million pounds. And now Newcastle United have become the richest football club in Europe. And nw that tag of the world top club has taken a big hit.
Secondly the Glazer britches Joel and Avram sold a few million shares of Manchester United to a family member Kevin Glazer and Edgar Glaze. And none of that money would be invested in Manchester United..
These two main reasons were the cause of the shares falling ,
And the fear that Manchester Untied has lost he gloss, as the club are playing badly.
No comments:
Post a Comment