Manchester United executives and owners ring the opening bell at the NY Stock Exchange

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.

USC wins NCAA women’s soccer national championship

Southern California's Morgan Andrews celebrates after scoring a goal against West Virginia during the first half in the NCAA Women's College Cup soccer final, Sunday, Dec. 4, 2016 in San Jose, Calif. (AP Photo/Tony Avelar)
AP Photo/Tony Avelar
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SAN JOSE, Calif. (AP) Katie Johnson broke a tie in the 75th minute and Southern California won the NCAA women’s soccer title Sunday, beating top-ranked West Virginia 3-1 at Avaya Stadium on Sunday.

The second-seeded Trojans (19-4-2) also won the College Cup in 2007.

The Mountaineers (23-2-2) lost for the first time since a 1-0 setback to Georgetown on Sept. 18. West Virginia had a 17-game unbeaten streak snapped, and allowed three goals for the first all season.

Johnson, who also had the winning goal in USC’s 1-0 semifinal victory over Georgetown on Friday, was wide open in front of the net when Leah Pruitt took a pass up the left sideline, beat defender Easther Mayi Kith, and delivered a perfect cross. Johnson simply rolled the ball into the goal to the right of goalkeeper Rylee Foster.

Johnson scored again off an assist from Nicole Molen in the 87th minute.

The Trojans got on the board just 1:22 into play after Julia Bingham directed a corner kick to the top of the penalty box, where Savannah Levin headed the ball forward to Morgan Andrews, whose header from 5 yards eluded Foster.

West Virginia’s Ashley Lawrence, a member of the 2016 Canadian Olympic team, tied it in the 66th minute when she ripped a shot from the top left corner of the penalty box just inside the near post.

After USC took the 2-1 lead, the Mountaineers nearly drew even in the 81st minute on a shot by Heather Kaleiohi that was stopped on a diving save by goalkeeper Sammy Prudhomme.

The Mountaineers outshot USC 21-8 and held a 9-1 edge in corner kicks.

The Trojans joined North Carolina (21 titles), Notre Dame (3) and Portland (3) as the only multiple winners of the College Cup.

USC won its 126th national team title on the same day its men’s water polo team lost 10-8 to Cal in the NCAA final just 45 miles away in Berkeley.

West Virginia, in its first College Cup final, was hoping to claim its first NCAA title in any sport besides its co-ed rifle team, which has won 18 national titles.

VIDEO: 70-yard volley from Chile is nearly impossible to believe

Alejandro Camargo, Universidad de Concepcion
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His name is Alejandro Camargo, and he scored what might just go down as the best goal of 2016 on Sunday: an impossibly perfect volley from well beyond the halfway line.

[ MORE: PL roundup — Chelsea top Man City; Arsenal, Spurs win big ]

Miguel Pinto is the opposing goalkeeper whose long-range clearance, which covered about 50 yards during the final seconds of Universidad de Concepcion’s clash with O’Higgins in the Chilean first division, was taken off the fly, first-time, by the Argentine midfielder to seal a 3-1 victory for the home side.

[ MORE: Serie A roundup — Roma, AC Milan win, still tied for 2nd ]

“The coach told us Pinto was always playing in advance of his goal, so I closed my eyes and hit it,” Camargo said after the game.

“Hit it and hope” has never looked so good.

Roma fans stay away from derby to protest new security barriers

A view of a huge section of empty seats as Roma fans desert derby in protest over security barriers, during a Serie A soccer match between Lazio and Roma, at the Rome Olympic stadium Sunday, Dec. 4, 2016. (AP Photo/Gregorio Borgia)
AP Photo/Gregorio Borgia
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ROME (AP) Roma’s most ardent supporters stayed away from the derby match against Lazio in protest at barriers introduced at the start of last season in their area.

Normally filled with supporters waving huge banners, lighting flares and singing, half of the “curva sud” — southern end — of the Stadio Olimpico was left empty for Sunday’s match.

[ MORE: Serie A roundup — Roma, AC Milan win, still tied for 2nd ]

Three of Roma’s locally born standouts held a meeting with the “ultra” fans during the week. Captain Francesco Totti, Daniele De Rossi and Alessandro Florenzi asked the supporters to return, and the club itself has also tried to resolve the matter.

But the appeals had no effect.

In contrast, Lazio fans filled the northern end of the stadium as usual.

The plexiglass barriers were put in place by city officials for security reasons.

VIDEO: “Behind The Badge: Watford FC” — Episode 2

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In Episode 2 of Behind the Badge: Watford FC, watch the players’ recovery after a win against Leicester, a look at the club’s one-of-a-kind internship program and a flashback to a memorable moment in Watford’s history.

[ FOLLOW: All of PST’s PL coverage ]

To watch past episodes of Behind The Badge, including last season’s edition featuring a look inside Crystal Palace, head over to the full archive by clicking here.

[ MORE: PL roundup — Chelsea top Man City; Arsenal, Spurs win big ]

First episode: Watch full episode, here
Second episode: Above video
Third episode: Sunday, Dec. 11, 2 p.m. ET – NBCSN
Fourth episode: Sunday, Dec. 18, 2 p.m. ET – NBCSN