|Bid||15.57 x 900|
|Ask||15.62 x 800|
|Day's range||15.58 - 15.85|
|52-week range||13.28 - 20.22|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||N/A|
|Earnings date||14 Jun 2021 - 18 Jun 2021|
|Forward dividend & yield||0.18 (1.15%)|
|Ex-dividend date||27 Nov 2020|
|1y target est||1,416.64|
Manchester United has set out its vision for a new era of dialogue and consultation with fans, including the creation of a Fan Advisory Board and a Fan Share Scheme.
The billionaire US owners of Manchester United will allow fans to buy shares in the club, in a concession designed to assuage supporter anger over its botched attempt to join the breakaway European Super League. The club on Friday said it would set up a “fan share scheme”, creating a new class of shares with the same voting rights as the Glazer family, who acquired the club in a £790m leveraged buyout in 2005. “As owners, we want exactly the same thing as the fans — a successful team and a strong club — and we want to work in partnership to achieve those objectives,” said Joel Glazer, Manchester United’s executive co-chairman, after a meeting with fans groups.
One of Britain’s top fund managers and a major backer of Manchester United and Juventus has chastised the football clubs over their botched efforts to launch the breakaway European Super League. Nick Train, one of the largest external shareholders in both clubs, said they had damaged their reputations and warned he was reviewing his investment. Mr Train, who runs the Lindsell Train fund group, said he had met with the clubs after the announcement of the breakaway and "expressed our disappointment about the reputational damage Juventus and Manchester United have inflicted on themselves". In his first public comments on the ESL since the collapse of the plans, Mr Train said the clubs now had to regain trust. "We urged them to return to respectful negotiations with all members of the football community to work toward mutually beneficial ends," he said. "We continue to monitor events closely as they unfold, while considering the implications for our investment case." Mr Train is one of the largest shareholders in Manchester United outside of the Glazer family, with a 7pc stake in its shares worth $178m (£126m). He is the largest external shareholder in Juventus, holding a 10pc stake worth €92m that is second only to the Agnelli family's shareholding.