UBS is playing the long game on Manchester United Plc (NYSE:MANU), despite the club being on track for its worst-ever Premier League finish. The bank has cut its earnings estimates for 2025 and 2026, reflecting a predicted 15th-place finish this season and a mid-table recovery to 10th next year.
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), announces that it will transform its corporate structure as part of a series of additional measures to improve the club's financial sustainability and enhance operational efficiency. The transformation plan aims to return the club to profitability after five consecutive years of losses since 2019. This will create a more ...
Manchester United PLC swung to a loss in the second quarter as the Premier League football club's absence from the top flight of European football hampered revenue. A £27.7 million loss was recorded for the three months to December 31, the club reported Wednesday, against a £24.4 million profit a year earlier.
MANCHESTER, England--(BUSINESS WIRE)--Manchester United (NYSE: MANU; the “Company,” the “Group” and the “Club”) today announced financial results for the 2025 fiscal second quarter ended 31 December 2024. Management Commentary Omar Berrada, Chief Executive Officer, commented, “We recognise the challenges in improving our men's team's league position and we are all working hard, collectively, to...
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), announces that it will report results for the second quarter fiscal 2025 period ended 31 December 2024 via press release on 19 February 2025 at 7:00 AM EST. About Manchester United Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Ear...
Manchester United Plc (NYSE:MANU) has been granted a ‘buy' rating by UBS analysts on confidence the football club will rise to the top ranks of English and European football once more. UBS highlighted Man U's “superior revenue base” in a note, adding the club should eventually compete for the top spots the the Premier League and Champions League.
Manchester United stock has risen since March, driven by leadership changes and the appointment of new manager Ruben Amorim. Despite the improved sentiment, financial performance remains sluggish with limited revenue growth and ongoing losses, posing challenges for a sustained stock rally. The club aims to boost revenues by increasing ticket prices and cutting costs, but success on the field is...
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