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Man Utd lose HALF A BILLION in value due to coronavirus following US stock market turmoil – The Sun, Thesun.co.uk

Man Utd lose HALF A BILLION in value due to coronavirus following US stock market turmoil – The Sun, Thesun.co.uk

MANCHESTER UNITED’S value has dropped like a stone due to the rapid spread of the deadly coronavirus.

As the US stock market continues to tumble, figures show the Red Devils are feeling the brunt with over half a billion wiped off their value in the last three weeks.

⚠️ Read our Coronavirus in Sport live blog for the latest news, updates and cancellations

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Chief Exec Ed Woodward has seen shares in Man United plummet

Credit: AFP – Getty

On February th, United’s share price stood at £ 34. 626 but has since dropped to £ . .

Price of Football’s Kieran Maguire shared: “Manchester United has decreased in value by over half a billion pounds in the last 3 weeks due to coronavirus market falls.”

As of May , United’s total value stood at £ 3. bn while now it remains around £ 2.5bn.

United are also at serious risk of seeing that figure continue to collapse within the next weeks as the virus continues to have an impact on sport worldwide.

LaLiga have joined Serie A in postponing all fixures until at least April while Uefa are in talks to stop the Champions League and Europa League.

Real Madrid stars and Juventus remain in quarantine with Daniele Rugani from the Old Lady testing positive for the virus.

Three Leicester stars are in quarantine after manager Brendan Rodgers revealed they are showing symptoms.

CORONAVIRUS ‘IMPACT ON EUROPEAN FOOTBALL

SERIE A
– Suspended until at least April 3

LALIGA – Next two matchdays suspended

LIGUE 1 – All matches behind closed doors until April

BUNDESLIGA – This weekend’s fixtures behind closed doors but whole season could be scrapped pending German Football Federation meeting with clubs

PREMIER (LEAGUE) – Man City vs Arsenal postponed but no further action as of 1pm March

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BELGIUM – This weekend’s games behind closed doors and Cup final postponed

AUSTRIA – All football suspended apart from top flight and national team

PORTUGAL – All games behind closed doors for at least two weeks

EUROPA (LEAGUE) – Selected games behind closed doors including Man Utd and Wolves. Some games including Sevilla vs Roma called off

CHAMPIONS

(LEAGUE) – Selected games behind closed doors including Bayern Munich vs Chelsea. Man City’s game with Real Madrid to be postponed


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Another unnamed Premier League side are also said to have a trio showing symptoms with the whole squad due to be tested today.

The

Premier League has yet to make any decisions but it appears more likely that games will be played behind closed doors or postponed altogether.

And that will further have an impact on Euro with not enough time in the calendar to reschedule matches.

LASK vs Man Utd FREE- Live stream, TV channel, kick off time, and betting odds for Europa League first leg

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