Manchester United ( (MANU) ) has issued an update.
Manchester United plc announced on February 24, 2025, a transformation plan aimed at improving financial sustainability and operational efficiency after five years of consecutive losses. The plan includes potential redundancies of 150-200 jobs, following 250 roles removed last year, as part of efforts to return to profitability and invest in football success and infrastructure improvements.
More about Manchester United
Manchester United is one of the most popular and successful sports teams globally, with a 147-year heritage and 69 trophies. It is a leading sports and entertainment brand with a worldwide fan base of 1.1 billion, generating significant revenue through sponsorship, merchandising, product licensing, broadcasting, and matchday initiatives.
YTD Price Performance: -14.84%
Average Trading Volume: 233,803
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.48B
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