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.

Hazard, Lukaku help Belgium to rout

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Romelu Lukaku and Eden Hazard each scored a pair of goals and Michy Batshuayi also scored as Belgium clobbered Tunisia 5-2 in Moscow on Saturday.

Dylan Bronn and Wahbi Khazri scored for Tunisia.

Belgium leads the group ahead of England’s Sunday match against Panama.

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Romelu Lukaku led an early break that led to a Thomas Meunier shot collected by Tunisian keeper Farouk Ben Mustapha.

Eden Hazard won a penalty in the fifth minute, just inside the 18. He converted the chance low and to the right of Ben Mustapha.

Ben Mustapha was fortunate when Hazard’s 12th minute shot of a terrific Lukaku pass was substandard.

Lukaku then scored a beauty in the 16th minute, sent into the 18 by Dries Mertens, when he clinically slid a shot inside the far post.

Tunisia got a surprise answer a minute later, with three goals gracing the games first 18 minutes. Bronn turned a free kick past Thibaut Courtois and into the back of the net.

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https://twitter.com/TelemundoSports/status/1010498221116801024

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Belgium was knocking on the door for most of the half, and a wobbly Kevin De Bruyne missed Lukaku with a stoppage time cross which should’ve led to a third.

Lukaku got his third courtesy of Meunier a moment later.

Hazard scored his second after the break, and Youri Tielemans assisted Batshuayi’s marker to round out the scoring for Belgium. Ex-Sunderland man Khazri scored late for Tunisia.

VIDEO: Wild first half in Moscow sees Lukaku, Hazard on board

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Romelu Lukaku (2) and Eden Hazard scored for Belgium before Dylan Bronn answered for Tunisia, as dominant Belgium holds a 3-1 lead with three goals gracing the games first 18 minutes on Saturday.

[ MORE: Latest 2018 World Cup news ] 

Lukaku led an early break that led to a Thomas Meunier shot collected by Tunisian keeper Farouk Ben Mustapha.

Hazard won a penalty in the fifth minute, just inside the 18. He converted the chance low and to the right of Ben Mustapha.

Ben Mustapha was fortunate when Hazard’s 12th minute shot of a terrific Lukaku pass was substandard.

Lukaku then scored a beauty in the 16th minute, sent into the 18 by Dries Mertens, when he clinically slid a shot inside the far post.

Tunisia got a surprise answer a minute later when Bronn turned a free kick past Thibaut Courtois and into the back of the net.

Click here for live and on demand coverage of the World Cup online and via the NBC Sports App.

Lukaku would chip the keeper after Meunier played his perfect run to feet.

https://twitter.com/TelemundoSports/status/1010498221116801024

[ LIVE: World Cup scores ]

Enrique has rare brain tumor removed, faces battle

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Former Newcastle and Liverpool defender Jose Enrique is now an agent, but the headache that came with a manager meeting had nothing to do with the conversation.

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Enrique had a “brutal” headache following a meeting with Brighton and Hove Albion boss Chris Hughton, his former manager, and tests revealed a rare brain tumor (Spanish language link).

Enrique underwent brain surgery to remove the tumor and now faces 35 sessions of radiotherapy, only available in two European cities.

He lost more than a dozen pounds in a single week, calling it “the toughest time of my life.”

WATCH: World Cup, Day 10 — All eyes on Germany

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Many of the favorites in the 2018 World Cup have disappointed, but until Argentina fell 3-0 to Croatia on Thursday, Germany was the only one to suffer a defeat.

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Die Mannschaft fell to Mexico in their opening match, with El Tri carving up the German midfield on the counter. Now, Joachim Low has had ample time to make the adjustments needed to go for victory as the Germans take on Sweden as they chase a spot in the knockout stages among Group F.

Meanwhile, Mexico looks to prove they’re not a one-hit wonder as they take on South Korea in Rostov. Juan Carlos Osorio has received plenty of praise – and rightly so – for his tactics in the upset victory, and that leaves El Tri with a chance to clinch a spot in the knockout stage with a win.

Before all that Group F craziness, Belgium takes the field in the morning against Tunisia as they look to follow up its comprehensive 3-0 victory over Panama in the opening round. A victory for the Red Devils would not only book a place in the knockout round, but also eliminate Tunisia from contention.

Below is Saturday’s schedule in full.

Click here for live and on demand coverage of the World Cup online and via the NBC Sports App.


2018 World Cup schedule – Saturday, June 23

Group F
South Korea vs. Mexico: Rostov-on-Don, 11 a.m. ET – LIVE COVERAGE
Germany vs. Sweden: Sochi, 2 p.m. ET – LIVE COVERAGE

Group G
Belgium vs. Tunisia: Moscow, 8 a.m. ET – LIVE COVERAGE