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.

Former Czech Republic defender Rajtoral kills himself

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PRAGUE (AP) Former Czech Republic defender Frantisek Rajtoral, who won the domestic league title four times before joining Turkish club Gaziantepspor, died on Sunday. He was 31.

[ MORE: Bayern scouted Kyle Walker, Alex Sanchez this weekend ]

The Czech football federation said in a statement that Rajtoral had “committed suicide in Turkey.”

His agent Pavel Zika confirmed the player’s death, describing it as a “huge tragedy.”

Gaziantepspor announced Rajtoral’s death in a brief statement on its website.

Rajtoral played 14 international matches for the Czech Republic.

In the top Czech league, he won four titles with Viktoria Plzen and played in the group stage of the Champions League twice for the club. He moved to Hannover in the Bundesliga in 2014 for half of the season, on loan.

He left Viktoria Plzen last year to move to Turkey.

Bellerin wants to represent Spain U21s despite Wenger’s wishes

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Arsene Wenger has made it clear about Hector Bellerin representing Spain this summer but the Arsenal defender is prepared to go against his manager’s wishes if he is selected.

[ MORE: Bayern scouted Kyle Walker, Alexis Sanchez over the weekend ]

The 22-year-old has said he hopes to play for Spain’s Under-21 side this summer during the 2017 European U-21 Championship but Wenger has been weary of Bellerin’s injury status and wants his fullback to maintain a clean bill of health throughout the offseason.

“I really want to play,” Bellerin told IBTimes. “Representing Spain is very important. If [Albert] Celades gives me the chance I’ll be there.

“Those are opinions of the managers. I have to keep working. The truth is that I had a difficult injury but I think that I am at 100% now and I’ll try to prove it when I get the chance.”

Bellerin signed a six-and-a-half year deal with the Gunners in November, where he has resided since coming up in the club’s academy. He has made 102 appearances for Wenger’s team in that span over all competitions.

Roma boosts bid for 2nd in Serie A by beating Pescara 4-1

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PESCARA, Italy (AP) Roma boosted its bid for second place in Serie A and automatic entry into the Champions League with a 4-1 win at Pescara, which was mathematically relegated on Monday.

[ MORE: Newcastle joins Brighton in promotion to Premier League ]

Roma moved four points clear of third-placed Napoli, which drew against Sassuolo 2-2 on Sunday. Third place in Serie A receives a Champions League playoff.

Pescara remained 15 points behind Empoli. There are only five matches left and Empoli has the better head-to-head record, which is the deciding factor if two teams finish level on points.

There were 48 goals in total in the 33rd round, matching the record set in October 1992.

Roma took control shortly before halftime, with Kevin Strootman breaking the deadlock after Stephan El Shaarawy unselfishly rolled the ball across the area.

Radja Nainggolan, who earlier hit the bar, doubled Roma’s lead two minutes later.

Mohamed Salah extended Roma’s advantage three minutes after the break and the winger doubled his tally on the hour following a swift counterattack.

Ahmad Benali got a consolation for Pescara and a Cristiano Biraghi free kick also hit the post for the home side.

Frank Yallop resigns as Phoenix Rising coach shortly after Drogba arrival

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The timing is a bit sudden and certainly leaves many questions up in the air, but Phoenix Rising will have to look for a new manager.

[ MORE: Chicharito talks heating up with LA FC ]

On Monday, head coach Frank Yallop resigned from his position with the United Soccer League (USL) club less than one day after former Chelsea legend Didier Drogba joined the organization as a player-owner.

With Phoenix seen as one of several lower-level clubs with ambitions of making the leap to MLS over the coming seasons, Yallop’s departure is surely a shock to many.

According to ESPN FC, Rising lead owner Berke Bakay was quite surprised by Yallop’s decision to step down, as was Drogba.

“Didier was as surprised and disappointed as we were that Frank is unable to continue coaching our Club,” Bakay told ESPN FC. “But, we all respect his decision to put his family first.

“Didier’s focus will remain on improving our team as a player and assisting our MLS expansion team ownership group as a co-owner. Frank will be helping with our international search for a new head coach.”

Rick Schantz, the current Rising assistant coach, will head the team’s managerial duties for the interim while the club completes a full search for a new manager.