Manchester United's share price rose by a further six per cent in trading in New York yesterday. The value of the club has increased by $650 million (£500 million) since Mourinho was sacked in December. The increase is partly due to the impact of Ole Gunnar Solksjaer, showing that a new manager can made an impact off the pitch as well as on it, and in part due to takeover rumours. The total value of the club is now $3.49 billion.
The Saudi takeover rumours, involving a supposed £3.8bn bid by the Crown Prince, have been denied and there is no reason to believe that the Glazers have any plans to bail out: Takoever bid denied
Manchester United subsidiary company (Manchester United Ltd, Red Football Ltd, MU Finance Ltd, Manchester United Football Club Ltd) accounts were published overnight. The most interesting figure is Ed Woodward’s pay up from £2.6m to £4.15m.
Kieran Maguire of the PriceofFootball notes, 'Since Ed Woodward took top post at Manchester United in 2013 the highest paid director has earned a total of £16.8 million. United are presently the biggest payer in 2018 in the Premier League but Daniel Levy at Spurs was paid £6m in 2017.'
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