Manchester United Plc Class A Stock News

Manchester United owners the Glazer family are facing a potential bill running into hundreds of millions of dollars after a court judgement affecting all NFL team owners. A California jury ruled that the National Football League (NFL) violated antitrust laws, ordering it to pay $4.7 billion in damages to customers who purchased its Sunday Ticket package for live games via satellite television.

Jim Ratcliffe, the billionaire co-owner of Manchester United Plc (NYSE:MANU), has publicly backed Labour ahead of July's general election, citing dissatisfaction with current Conservative policies and leadership. Ratcliffe, who holds a minority stake in the football team through the chemicals giant Ineos, said he “had enough” of Sunak's policies and the string of failed prime ministers.

MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), will commence work to modernize the men's first team building at Carrington Training Complex next week, with a focus on creating a high-performance collaborative environment for players and staff. The £50 million project will result in all areas of the building being refurbished to deliver a world-class football facility ...

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.

MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), has made two further changes to its executive leadership. By mutual consent, Patrick Stewart, interim Chief Executive Officer, and Cliff Baty, Chief Financial Officer, have decided to leave the club at the end of the season. Patrick will be replaced as CEO by Jean-Claude Blanc until the arrival of Omar Berrada on July 13t...

MANCHESTER, England--(BUSINESS WIRE)--Manchester United and Malaysia Airlines have announced a multi-year partnership which will see the award-winning airline become the club's official commercial airline. As an established and respected name in global aviation, Malaysia Airlines prides itself on representing Malaysia and providing best-in-class customised experiences for its passengers, reflec...

Manchester United Plc (NYSE:MANU) shares represent a significantly less attractive investment in the wake of Sir Jim Ratcliffe's INEOS taking its influential stake in the business, that's according to analysts at Deutsche Bank. The German bank, in a note, has cut its share price target to $16.00 from $20.30 - versus a market price of $14.67 – and retained a ‘hold' rating.

Manchester United Plc (NYSE:MANU) said it's relying on new co-owner Jim Ratcliffe to help the club “deliver success on the pitch”, while management continues to deliver record revenues. Sales during the group's second quarter, which covered the three months to 31 December 2023, reached a record £225.8 million as the football team continues to enjoy the financial benefits of UEFA Champions Leagu...