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.
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Chief Exec Ed Woodward has seen shares in Man United plummetCredit: AFP – Getty
On February 20th, United’s share price stood at £15.34 but has since dropped to £11.47.
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 2019, United’s total value stood at £3.02bn 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 15
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 12
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
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 increasingly likely that games will be played behind closed doors or postponed altogether.
And that will further have an impact on Euro 2020 with not enough time in the calendar to reschedule matches.
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Source: Soccer - thesun.co.uk
