Since the day Louis van Gaal managed his first game with Manchester
United, the club has declined one
billion dollars in valuation. Obviously you can’t blame Van Gaal for all of that, but facts and figures are indeed facts and figures. According to the Daily Mirror:
billion dollars in valuation. Obviously you can’t blame Van Gaal for all of that, but facts and figures are indeed facts and figures. According to the Daily Mirror:
United’s share price has dropped by $6.25 since July 2014, from $19.58 to $13.33, on the close of the New York Stock Exchange on March 23 2016.Van Gaal has overseen the club’s decline on the pitch, and brought in plenty of expensive players who flopped. What really hurt the team though, was missing out on UEFA Champions League due to the disaster that was David Moyes. If Van Gaal can’t get them back to Champions League football this year, the club will continue to see a decline in revenue and most likely a drop in value.
Over the same period, the US stock market has risen by 3 percent.
Despite United’s record
revenues and eye-popping, ground-breaking merchandise deals and
corporate partnerships, shares of MANU continue to tumble. The stock
doesn’t look like anything you should have in your portfolio right now,
and it’s not expected to increase in share value anytime soon. Again
that’s certainly not all on Van Gaal, but he’s definitely contributed
his part.
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