SPORTS

Manchester United shares rise after Mourinho’s departure

Published

6 years ago

December 18, 2018

Manchester United still flex most social media muscle

Frankfurt-listed shares in Manchester United climbed in early deals after manager Jose Mourinho left the English Premier League football club on Tuesday.

It was an indication that investors welcomed the move after the club’s dismal start to the season.

The stock rose 1.4 percent by 1030 GMT after extending gains following the news.

Manchester United’s primary listing in the U.S. had not yet started trading as at the time of this report.

Mourinho was sacked as Manchester United manager on Tuesday following a 3-1 defeat by arch-rivals and Premier League leaders Liverpool on Sunday.

It was a result which left the club in sixth place in the standings, 19 points off the top.

His departure marked the first time since his days as Uniao de Leiria coach in 2002 that Mourinho has left a club without winning a domestic league title.

He has spent two years at Old Trafford, which was perceived to be his dream job.

Related Topics:

Up Next

I never expected to have so much success, Messi says

Don't Miss

Mourinho leaves United after poor start to season

NEWSVERGE

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.