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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...
MANCHESTER, England--(BUSINESS WIRE)--Manchester United (NYSE: MANU; the “Company,” the “Group” and the “Club”) – one of the most popular and successful sports teams in the world – today announced financial results for the 2024 fiscal second quarter ended 31 December 2023. Cliff Baty, Chief Financial Officer, said: “We delivered strong revenues during the first half of the fiscal year and have ...
MANCHESTER, England--(BUSINESS WIRE)--Manchester United plc (NYSE: MANU), one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports, today announces that it will report results for the second quarter fiscal 2024 period ended 31 December 2023 via press release on 12 March 2024 at 7:00 AM EST. About Manchester United Manchester United is on...
New Manchester United co-owner Jim Ratcliffe said on Friday that return on investment had nothing to do with his decision to invest in the English soccer giant.
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