Manchester United Football Club suffered its biggest share price drop this week after rumours that the business was no longer for sale began circulating – with more than £600 million wiped off their market value.Yikes.
After a number of reports over the weekend suggested that the much-maligned Glazer family are now set to take the club off the market after months of takeover talk that now looks to have stalled, Man United‘s share price closed at $23.66 on Friday and dropped to as low as $18.83 on Tuesday.
With the final figure on 5 September closing at $19.35, this was the biggest dip the club has ever seen (18.22%) in a single day since it became a publicly traded company back in 2012, breaking the previous record of a 13.8% drop set just a few years back on March 12, 2020, during the pandemic.
Speaking to Sky Sports, football finance expert Kieran Maguire explained exactly how the share price plummeted, stating that a lot of the club’s market value prior to the drop was actually being “propped up to a degree by speculators who thought there would be a full sale”.
As Maguire goes on to detail, many of those invested in the club would have been hoping to sell off their shares Man United shares for “between $27-30” once a potential buyout was complete but since there has been little movement on the long drawn out takeover, many simply decided to offload them now.
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The Price of Football podcast host also argued that the Glazers’ supposed second thoughts over selling United might have come not only from their two lead bidders — Sheikh Jassim and Sir Jim Ratcliffe — failing to meet their valuation but from seeing others like Barcelona just “selling off slices” of their club.
He also added that there is a confident assumption that TV rights deals will increase next year as they so often do and that new technologies like AI and VR could allow for “new ways to deliver content to Man United’s global fan base”.
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While we’re on the subject of digital technologies, these reports come in light of the suggestion the club’s media team and hierarchy are already editing out ‘Glazers Out‘ chants and their numerous offensive lyrics.
Are Manchester United editing out the Glazer protest chants from their footage?
Various times when ‘we want Glazers out’ has mysteriously disappeared on United’s social media.
United issued a statement updating fans on the ongoing Antony situation on Wednesday 6 September, confirming that they are now looking into the matter alongside the investigation being carried out by Greater Manchester Police and Brazilian authorities, adding that they will be making “no further comments”.
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Despite insisting that they are considering the impact these claims will have on “survivors of abuse”, it is now being reported that the club have so far “resisted calls from domestic abuse charities” to suspend the 23-year-old.
High School Musical at Lowry, Salford – a night spent reliving our childhood | Review
Amy Williams
What a night spent reliving our childhood.
Now, I don’t want to exaggerate or seem biased, considering this is one of my favourite film trilogies of all time, but this could be the best stage show I’ve seen in a long while.
We all know how High School Musical goes, right? Set at East High, we follow Troy and Gabriella (the star basketball player, and the geeky new girl) who meet over New Year, and then become ‘star-crossed lovers’ when back at school as they’re part of two different ‘cliques’.
The duo mess with the ‘Status Quo’ when they audition for the school musical. But will they stick to what they know? Or become stars of the stage? I’m sure you know the ending.
High School Musical is currently on stage at Lowry, Salford / Credit: Matt Crockett (Supplied)
From the costumes and the characters, to the memorable songs (there’s actually 52 songs in this production, including a mega mix at the end), they’ve kept right to the script of the films – and that’s exactly what we wanted to see.
Of course, the biggest throwback of them all is Kaycee Stroh – who originally featured as Martha Cox in the film trilogy – taking the role as Ms Darbus, and she was just as incredible as we expected her to be. And to see her do the iconic dance in the finale was unbelievable, 13-year-old Amy was screaming.
Also featuring Jason Donovan as Coach Bolton, Tobias Turley as Troy, Leonor Correia as Gabriella, Caitlin Tipping Sharpay, and Luke Bayer as Ryan, it was a proper impressive cast all round.
It’s a night to properly relive your mid-00s childhood / Credit: Matt Crockett (Supplied)
There was crowd interaction right from the off, as they taught the crowd a cheerleading routine to be included later in the show, plus for the finale, they had the lyrics on the big screen too so everyone could sing-along.
If we could go and see this show every single night, we would – it is absolutely brilliant.
Fontaines D.C. announce massive return to Manchester on new European tour
Daisy Jackson
Fontaines D.C. have just announced their biggest headline tour to date, including a massive arena gig here in Manchester.
The wildly popular Irish rock band are set to play a whopping 20 arena shows across Europe and the UK this autumn.
The tour has been announced in celebration of their upcoming fifth studio album, Dopamine Chamber, which is set for release this October.
Fontaines D.C. will hit the road just five days after the album drops, kicking off their European tour in Lisbon on 21 October.
Then they’ll make their way over to the UK, with shows in Manchester, Leeds, Liverpool, Glasgow, Birmingham and London.
Fans in their home country of Ireland are told to stay tuned for live news very soon.
As we speak, Fontaines D.C. are warming up to play one of the country’s biggest festivals, with headline slots at Reading & Leeds Festival.
They’ve already released Marianne, the first single from their new album, and frontman Grian Chatten says of the album: “The album itself is a dopamine chamber. You step inside and we test these different mind- or mood-altering pieces of music on you.”
The new record has been recorded between London, the English countryside, and Palermo, where Chatten recorded vocals in a makeshift booth built from mattresses and cushions.
He said: “There’s a poignant sense of us being on the brink of some other kind of form of humanity, or non-humanity.”
Tickets will go on general sale at 10am on Thursday 3 September, with pre-sale live from 10am on Tuesday 1 September.
You can access tickets for Fontaines D.C. in Manchester HERE.
Fans who pre-order Dopamine Chamber from the official store by 6pm on Monday 31 August will gain access to the UK pre-sale.
Fontaines D.C. UK tour dates in full
Friday 20 November – Liverpool, UK – M&S Bank Arena
Saturday 21 November – Manchester, UK – AO Arena
Sunday 22 November – Glasgow, UK – OVO Hydro
Tuesday 24 November – Leeds, UK – First Direct Bank Arena
Wednesday 25 November – Birmingham, UK – Utilita Arena