Manchester United shares slide as early Champions League exit hits revenue guidance
MANUManchester United(MANU) Market Watch·2024-01-18 00:53

Manchester United shares fell Wednesday after the iconic English soccer club lowered its 2024 revenue guidance, citing the club’s early exit from the Champions League and the related impact on broadcasting revenues. The club exited the Champions League at the group stage in December following a 1-0 defeat by German giants Bayern Munich at Manchester United’s Old Trafford Stadium. Manchester United last won the Champions League in 2008. Shares of operator Manchester United Ltd. MANU, -5.09% fell 5.8% Wednesd ...