Jose Mourinho’s side were embarrassed by Brighton at the weekend but that did not stop Manchester United’s share price reaching an all-time high the following day.
Sunday’s 3-2 defeat on the south coast has thrown United under the spotlight, from the future of their manager to the happiness of record-signing Paul Pogba and effectiveness of background operations.
But such issues have not impacted the company as a whole, with the club’s share price reaching an all-time high on Monday.
United were trading at a record 24.20 US dollars (€20.90) on the New York Stock Exchange, with the share price at 23.10 dollars (€20) by close on Tuesday.
It means the club’s market value is around €3.3bn, with United set to enjoy revenues of just over half a billion euro for the third successive year.
The fiscal 2018 results are expected to be announced in September, with the club having said that revenue was expected to be between €640m and €651m in their third-quarter results.
United set record revenues of €647.5m in 2017, having made €574m in 2016.
- Press Association
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