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Manchester Utd share price hits low
10 Feb 2016 21:09
Ed Woodward will receive a grilling from Manchester United's investors about the club's performance on and off the pitch on Thursday as their share price continues to drop.
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United executive vice-chairman Woodward will take part in a conference call with investors at 1pm after the club's first quarterly financial results of 2016 are announced.
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United's share price has taken a tumble since the start of the year. On Monday, the price of one share dropped below $14 for the first time since flotation in 2012.
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At one stage on Wednesday afternoon, United's shares were worth $13.70.
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Woodward and his senior colleagues at United have pulled off some remarkable commercial deals recently, the biggest one being the world-record £750million 10-year kit deal with Adidas.
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But the team's performance on the pitch is clearly a consideration for those considering buying shares in the club.
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