Lack of confidence reflected in Manchester United’s low stock price

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There are no voting rights. There aren’t going to be dividends, and the holders aren’t going to wrestle away control of the club. Manchester United stock is all about day trader gambling and fans being part of their team. When the price falls, people are either realizing the stock has no real value or they’re losing confidence in the club.

With Manchester United’s stock hitting a 12-month low on the New York Stock exchange, fans seems to be expressing the latter, the current $15.07 price shaving over $250 million off the club’s overall value (according to The Guardian). After the share’s price reaching its highest point in May, when a $19.04 value coincided with United claiming their 20th first division title, share holders have jumped off the United bandwagon, with the club sitting in seventh place after 21 rounds of the Premier League season.

There are other possible explanations for the sell off. Perhaps, after over a year on the market, the stock’s been found out as less of a stock and more of a glorified fan club membership. In better times, people may be willing to buy into that concept, but as economic recovery continues to be measured in the United States, perhaps people are simply allocating their money elsewhere. Or maybe this is just a natural cycle United’s stock will always endure, dipping in the winter only to rise at the beginnings and ends go each season.

Traded for less than 17 months, the stock doesn’t give us a lot of data to go on, yet there are a couple of pesky coincidences. When Manchester United was doing well, the fans’ mood seemed to be at its highest, as was the stock price. Now, with the Red Devils seventh and fans debating the extent to which David Moyes is contributing to that failure, the stock price is lower than it has been since its initial months of trading.

In August 2012, Manchester United offer shares on the New York Stock Exchange after originally planning to offer shares in Singapore. Ten percent of the club was opened up at $14 per share, with the stock’s price dipping over the next two months. Beginning October 2012, however, the price steadily climbed over the next four months, reaching $18.66 in Feb. 2013. Since, the stock has typically been traded between $15.92 (June 2013) and that February high, until its recent swoon.

On Dec. 6, “MANU” sat at $17.54 per share.  By Dec. 20, it was down to $15.20. In the three weeks they’ve followed, the stock’s shown little sign of recovery, never eclipsing $15.57 since December fall.

Manchester United’s stock holders may just be realizing the limits of their purchase, but for most people, stock ownership isn’t about voting rights and dividends. It’s not even about being fans of the product. It’s about a bet. You just want to make money. Right now, investor confidence appears to be pretty low.

Chelsea loans Miazga back to Vitesse for second-straight season

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Matt Miazga is back again in the Netherlands.

Chelsea announced Friday that it had loaned the American international to Vitesse for the second-consecutive year on a season-long loan. Miazga made 19 starts last season in all competitions and another 10 appearances for Vitesse off the bench, with one goal scored in the run to the KNVB Cup title, the club’s first in its history,

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Despite his rise through the U.S. youth ranks and success with the New York Red Bulls in 2015 before moving to Chelsea, Miazga only made his first U.S. Men’s National Team start at the 2017 Gold Cup, playing the full 90 in the USA’s 3-0 win over Nicaragua.

Miazga went straight from the Gold Cup back to Vitesse to join up for preseason training.

“I look back with pleasure on my first year at Vitesse,” the 22-year-old Miazga told Vitesse’s website. “I felt very welcome and we have all made historic success. That success will be expanded this coming season and I will continue to develop myself. That’s why I returned as soon as possible after winning the Gold Cup. We are going to compete for the second prize in the club’s history. ”

While it’s disappointing that Miazga won’t be able to challenge for a place at Chelsea next season, he could do worse than facing the challenge of the Eredivisie’s huge array of talented attackers, and after another year of seasoning, he could be ready to play in England, with or without Chelsea.

More importantly for him, with the World Cup coming up, even though he’s on the fringe of the World Cup roster right now, getting regular matches in the Eredivisie will help his cause more than playing for Chelsea’s reserves.

Pulisic: Dortmund can win the league

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Christian Pulisic isn’t short on confidence these days.

The rising star for the U.S. Men’s National Team is currently in preseason training with Borussia Dortmund, and he believes his side can push Bayern Munich for the title. Bayern has won five-straight league titles, but the last team other than Munich to win was Dortmund itself in 2012.

“We’ve got a big chance to win the league this coming season,” Pulisic said, via German publication Kicker.

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Pulisic has been firing on all cylinders so far in preseason. During Dortmund’s tour of China, Pulisic had three assists in a 3-1 win over AC Milan, and he also started and went the full 90 against Bochum on July 22 back in Germany.

The 18-year-old is coming off a breakout season for the Black and Yellows, scoring five goals with 13 assists over 43 games between the Bundesliga, German Cup and UEFA Champions League.

“Last season was a good step in my development,” Pulisic said, noting he wants to be “more dangerous” in the attack. “I want to build on that.”

Of course, Pulisic followed the U.S. Men’s National Team at the Gold Cup, taking the title for the sixth time. In less than a year’s time, Pulisic will likely be on the field, starting for the U.S. at the 2018 World Cup in Russia, with the hopes and dreams of many Americans on his shoulders.

“(It was) a good victory,” Pulisic said of the final.

Transfer Rumor Wrap: Bale’s agent laughs off speculation

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It appears Gareth Bale has no plans of following Alvaro Morata and James Rodriguez out of Real Madrid this summer.

“It’s a ridiculous, stupid story,” Bale’s agent Jonathan Barnett told the BBC, following reports that Real Madrid manager Zinedine Zidane wouldn’t promise Bale, Karim Benzema and Cristiano Ronaldo that they’d staying with the club this summer.

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Of course, these prompted counter reports that Manchester United could take advantage of possible instability at the Santiago Bernabeu and swoop in for Bale, but it seems that Bale is not for sale.

Bale played just 27 times for Real Madrid last season in all competitions, scoring nine goals with three assists while dealing with multiple injuries. His entire career at Real Madrid in fact has been plagued by injury, but ahead of a World Cup year with Wales still in contention for a spot in Russia, Bale will be extra motivated to stay fit this season.

Here’s some more transfer rumors from around the world:

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Neymar storms off after training dustup with teammate

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Neymar just won’t stay out of the headlines.

As his long-rumored “will he, won’t he go” transfer saga between Paris Saint-Germain and Barcelona continues, Neymar stormed out of training on Thursday after getting into a tussle with teammate Nelson Semedo.

A video from the Daily Mail shows Neymar pushing Semedo before walking off and removing his training bib.

Neymar has reportedly agreed to personal terms with PSG over a move to France, but PSG have yet to come up with the nearly $260 million it would cost to trigger Neymar’s release clause. The news of Neymar possibly leaving Barcelona came as a shock, as he’s been content since joining the club to play slightly in the shadow of teammates Lionel Messi and Luis Suarez.

If this fight is any indication, Neymar’s head could be turned and should PSG trigger the release clause, Neymar could be heading to Paris once Barcelona returns this weekend from its American sojourn.

In spite of all the transfer speculation, Neymar has dazzled for Barcelona on its tour of the U.S., scoring three goals in two games and delighting the thousands in attendance.