Manchester United Plc (NYSE:MANU) shares are a ‘Buy' but the football club's revenue forecast of £690 million for the year is very unlikely to be achievable, that's according to UBS analyst Ivar Billfalk-Kelly. The Swiss bank's own revenue forecast is pitched at £662 million, and it is based on United finishing the premier league in fifteenth place and doesn't assume any European success.
Manchester United Plc (NYSE:MANU) has unveiled plans to build a new 100,000-seat stadium to replace its current 115-year-old Old Trafford home. What would be the largest stadium in the country, topping Wembley's 90,000 capacity, is part of plans for a regeneration of the Old Trafford area, also including the building of 17,000 new homes.
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), has thrown its support behind the Government's growth agenda by announcing its intention to pursue a new 100,000-seat stadium as the centrepiece of the regeneration of the Old Trafford area. The stadium, and wider regeneration project, have the potential to deliver an additional £7.3bn per year to the UK economy which bri...
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), will return to the US for pre-season preparations this July and August as part of the Premier League's Summer Series. The announcement of United's participation in the Summer Series was delivered live on NBC, the host broadcaster for the competition, during half time of its live coverage of Sunday's Premier League fixture...
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 ...
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