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home / news releases / MANU - Manchester United slides further as Super League plan fizzles

MANU - Manchester United slides further as Super League plan fizzles

Manchester United Ltd. Class A
Manchester United ([[MANU]] -6.4%) Chairman Ed Woodward has resigned as vice chairman of the club, according to ESPN. The exec was reportedly planning to leave this summer, but the Super League fiasco has pushed up the timetable. Shares of Manchester United are now down 6.43% on the day and have erased most of yesterday's gain.Manchester United legend David Beckham was the latest to voice his displeasure on the club's Super League plans in a social media post today. For more on the Super League story, see earlier posts on the pressure from fans and politicians on clubs, as well as the notable reversals from Chelsea and Manchester City. As for forecasting MANU revenue either with or without Super League, investors are still caught short. Earlier this month, Manchester United did not offer up any revenue or EBITDA guidance due to the pandemic disruption.

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Manchester United slides further as Super League plan fizzles
Stock Information
Company Name: Manchester United Ltd. Class A
Stock Symbol: MANU
Market: NYSE
Website: manutd.com
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