Topic: Man United Value Plummets £150million  (Read 1286 times)

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Man United Value Plummets £150million
« on: January 23, 2014, 09:44:32 AM »
Paddy Power has branded Manchester United boss David Moyes the Wolf of Wall Street after the club took a £150million dive.

That's how much the bookmaker said the club's value has dropped with its lacklustre performance since Moyes replaced Sir Alex Ferguson six months ago.

A Paddy Power spokesman said: "Moyes looks to be the Wolf of Wall Street as far as the investors are concerned.

"Wiping a cool $250m off the club's share price in six months is a spending feat even Roman Abramovich would be proud of."

Paddy Power has started taking odds on how low the US-listed club's share price - currently around $15 - will go by the end of the season.

It's offering 12/1 that the price will fall to $10 or less.

-naij

 

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