Thursday 25 December 2014

United shares stay steady

Published 26/02/2014 | 21:47

Manchester United lost to Olympiacos on Tuesday night
Manchester United lost to Olympiacos on Tuesday night

Manchester United's shares rallied on the New York Stock Exchange despite the club's disappointing defeat in the Champions League.

United's 2-0 defeat at Olympiacos has put a large question mark over whether the club will progress to the quarter-finals but that pessimism did not extend to the stock market.

There was an initial drop in the share price when the market opened but it soon rallied and finally closed 33 cents up at 14.98 US dollars.

Press Association

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