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Press Release

Manchester United have $60million wiped off market value as shares hit all-time low

Club’s share price drops 5% after Cristiano Ronaldo  asks to leave

Manchester United’s share price has dropped a further 5% to its lowest point in history since news emerged that star player Cristiano Ronaldo has asked to leave the club. 

The 37-year-old returned to Old Trafford last season - breaking shirt sale records and providing a commercial boost to the club in his first few weeks.

Though it was reported on July 3rd that the Portuguese striker wanted to leave the club - pushing the MANU share price down a further 5% from 11.01 to 10.42 on Monday. 

After a period of heavy investment in players, the team’s failure to pick up results on the pitch has seen the share price freefall - dropping 37% since October.

Anaam Raza, of Saxo Markets, said:

“Manchester United’s share price fell to an all-time low earlier this week following the news that star player Cristiano Ronaldo has asked to leave the club.

“Since the reports emerged, $60million has been wiped off the club’s market value with its share price falling another 5% to its lowest point since joining the New York Stock Exchange in 2012.

“The team’s failure to capture Champions League football this season has coincided with the downward trajectory of the club’s shares - falling 37% since October.

“Last year, the Glazer family sold $11million worth of shares, which has hinted at the long-time proprietors potentially making way for new owners.

“At this stage, one of the only ways the club can fill investors with confidence in the future is achieving better results on the pitch under new manager Erik Ten Hag, building hope that the club can return to the glory days of Sir Alex Ferguson’s era."


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Founded in 1992, Saxo Bank was one of the first financial institutions to develop an online trading platform that provided private investors with the same tools and market access as professional traders, large institutions and fund managers. Saxo combines an agile fintech mindset with close to 30 years of  experience and track record in global capital markets to deliver a state-of-the-art experience to clients. The Saxo Bank Group holds four banking licenses and is well regulated globally. Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 40,000 instruments in over 20 languages from one single margin account. The Saxo Bank Group also powers more than 135 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.

Headquartered in Copenhagen, Saxo Bank’s client assets total more than 45 billion Euros and the company has more than 2,000 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo. 

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