Will Ferguson’s retirement affect United’s finances?

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As the news about Sir Alex Ferguson’s retirement continues to reverberate around the globe, one area many will be looking at is the stock market.

With Manchester United registered on the New York Stock Exchange, the club was obligated to inform the NYSE about Ferguson’s decision to retire, which ultimately led to the news being leaked earlier than the club expected.

The news was actually announced while US markets were closed, but when trading began in New York this morning the club’s shares fell as much as 4.5%.

Since the Glazer family bought United in a controversial deal back in 2005, the debt laden club have soared to success commercially. The value of the Manchester United brand is approximately $3.17 billion. They should survive, with or without Ferguson.

(More: Ferguson retires, who will take his place at Manchester United?)

However recently there has been a concerted effort by the Glazers to drive down debt, with a bond issue in 2010 raising £500m, and a 10% flotation of the club on the New York Stock Exchange raising some £150m, half of that has gone towards reducing debt.

But with Ferguson on the way out and investors watching intently as to who will replace him, should Manchester United fans worry about future financial problems?

Yes and no. On the plus side, when you scroll through Manchester United’s website no fewer than 33 different sponsors appear and commercial revenue is through the roof.

United recently posted their financial results in sales for the third quarter, a record £91.7m ($143m) was generated through sponsorship deals and Champions League revenue. The clubs debt now stands at $571 million, a lot healthier than the $1.11 billion that rose to in 2009.

(More: Stability key to Ferguson’s success at Old Trafford)

But all those numbers don’t mean much, unless you have a winning team.

The Manchester United brand means winning. It has been associated with that since the early 90s, growing up in England during that time period, it seemed like you couldn’t walk down any High Street in the country without the famous “Glory, glory Man United” song blaring out, a Cantona No. 7 shirt being worn and just about every piece of merchandise you can think of adorning their Red Devil mascot.

Fred the Red, as he’s known, gets everywhere.

Sir Alex Ferguson was the main man behind all the on-field success that drove the financial success. Now he is gone, a replacement who can carry on his work seamlessly and without much upheaval is paramount to United’s success as a soccer team, and as a business. Jose Mourinho would ease concerns for United’s financial backers, while David Moyes in charge could send share prices into a spin, as investors panic about the Scotsman’s lack of experience on Europe’s biggest stage.

(More: Moyes to replace Ferguson in next few days?)

We can’t judge United’s commercial success over the next few years. But in 2022 we may look back and point to May 8, 2013, as the day the Manchester United brand started to go downhill.

But with Ferguson’s new role as both a director and ambassador for the club, that’s unlikely to happen. He helped build this club up, almost doubling the capacity of Old Trafford and spreading the club from the red half of Manchester to the far flung corners of the globe.

One final number. In the 1992-93 season Manchester United’s revenue was £25.2 million. During the 2011-12 season, it stood at  £320.3 million. Safe to say that Ferguson has left United in a much better position than when he arrived at Old Trafford in 1986.

Now it’s up to the new guy to carry on his good work.

2-year doping ban upheld for Finland, CSKA Moscow player

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LAUSANNE, Switzerland (AP) The Court of Arbitration for Sport has upheld a two-year ban for CSKA Moscow midfielder Roman Eremenko for a positive test for cocaine.

[ MORE: Morata signs five-year contract at Chelsea ]

CAS says the ban imposed by UEFA was “appropriate” and dismissed the Finland international’s appeal.

[ MORE: Vertonghen says Spurs need to “level up” like rest of PL contenders ]

The ban will expire on Oct. 5, 2018, when Eremenko will be 31.

Eremenko tested positive after playing in a Champions League game for CSKA Moscow against Bayer Leverkusen last September. The 2-2 result was not affected despite Eremenko scoring CSKA’s second goal.

Born in Moscow, Eremenko grew up in Finland and has represented its national team 73 times.

Webb says De Jong would have been sent off with video review

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NEW YORK (AP) Howard Webb says he would have given Dutch midfielder Nigel De Jong a red card in the 2010 World Cup final if a video assistant referee had been in place.

The retired English referee showed De Jong a yellow card in the 28th minute for his karate kick into the chest of Spain’s Xabi Alonso. Hired in March to oversee video technology for professional soccer in the U.S. and Canada, Webb held a media seminar Friday ahead of its Aug. 5 launch in Major League Soccer.

Webb says: “Yes, it was a clear red card. It was a clear and obvious error on my part not to send the player off, and VAR would have been able to recommend a review to me, and I would have been able to make the right call.”

Now 46, Webb was a Premier League referee from 2003-14. He worked the Champions League and World Cup finals in 2010, became director of referees at the Saudi Arabian Football Federation, and started in March as manager of video assistant referee operations for the Professional Referee Organization.

MLS Snapshot: Orlando City 0-1 Atlanta United (video)

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The game in 100 words (or less): Friday night’s effort at Orlando City Stadium wasn’t the prettiest for either side but Atlanta United will gladly take three points from the fixture as the Central Florida venue proved to be a fortress once more. The Lions were far superior in their attacking threats throughout the match, testing USMNT and Atlanta goalkeeper Brad Guzan on multiple occasions. However, it was Hector Villalba that proved to be the difference when he blasted a long-distance effort to beat Joe Bendik in the 86th minute. Atlanta extends its unbeaten streak to four matches with Friday’s decision, keeping Tata Martino’s side in fourth place in the Eastern Conference, while Orlando City moves into fifth.

Three moments that mattered

36′ — Guzan stands tall, denies Rivas — Carlos Rivas thought he scorched this one (and he did…), but Brad Guzan acted like it was nothing as he held his ground to make the stop.

39′ — Spector gets ripped off by Guzan — The U.S. goalkeeper is at it again… What a save!

86′ — Villalba unleashes stunner to propel Atlanta — Sometimes it just takes one good hit as a striker.

[ FOLLOW: All of PST’s MLS coverageStandings | Stats | Schedule ]

Man of the match: Brad Guzan

Goalscorers: Hector Villalba (86′)

Report: Man City adding Mendy to continue backline restoration

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Fresh off of completing a record deal to help bolster the club’s back line this summer, Manchester City is back at it with the Premier League season looming.

[ MORE: Alvaro Morata signs five-year contract at Chelsea ]

The Citizens are reportedly on the brink of signing Monaco left back Benjamin Mendy to yet another world-record fee — which will total over $67 million.

Confirmation of the deal has yet to be announced by either team, but L’Equipe is reporting that the Citizens are hot on the 23-year-old’s trail in adding to their pricy back four.

Manager Pep Guardiola and Man City have not been shy readjusting their defensive unit over the past year, adding expensive first-team choices John Stones and Kyle Walker.