Thursday, October 21

Effect of the Newcastle acquisition on Man United’s share price

Revealed: the effect the Newcastle acquisition had on Manchester United's share price

This weekend will present a fascinating insight into the effect Newcastle United’s big money acquisition has had on Manchester United’s share price.

Everything changes in St. James’

The news that shook the foundations of English football to the core, of course, came last Thursday.

This came in the form of Mike Ashley’s tumultuous 14-year stint at Newcastle United that came to a close for good.

After a negotiation period that lasted 18 months, the only final obstacle, in the form of Saudi Arabia’s ban on all content coming from the beIN Sports broadcaster, was finally overcome, opening the door for a Saudi consortium led by Yasir Al-Rumayyan to usher in a new era in Tyneside.

Newcastle, in turn, announced the change of ownership to the club official on 7 October, in a treatment worth about 300 million pounds sterling.

United takes a hit

Since then, the momentous change of hands at St. James ‘Park has sparked understandable jubilation from Newcastle’s loyal fan base, and the Magpies’ loyalists have long been clamoring for a fit owner to reestablish a club of such unquestionable magnitude among the soccer giants of the Premier League. .

Elsewhere, among top-flight English heavyweights, on the other hand, panic has quickly begun to set in.

Newcastle’s predicted splurge of transfers could, in the not too distant future, see Geordie’s side challenging not just for European football, but potentially even for a Champions League spot.

And, as outlined above, this weekend provided some insight into the kind of effect the Saudi initiative in Tyneside has had, from a financial sense, on one of the biggest clubs in the Premier League.

The outfit in question? Manchester United.

The information is courtesy of financial expert Kieran Maguire, who revealed that Old Trafford share prices fell a sharp 2.5% immediately after the Newcastle acquisition.

In monetary terms, this equates to approximately $ 65 million.

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Premier League table

# Team MP D P
1 Chelsea Football Club 7 12 sixteen
2 Liverpool FC 7 eleven fifteen
3 Manchester city 7 eleven 14
4 United manchester 7 8 14
5 Everton FC 7 5 14
6 Brighton and Hove Albion 7 3 14
7 Brentford fc 7 4 12
8 Tottenham Hotspur 7 -4 12
9 West Ham United 7 4 eleven
10 Aston Villa 7 1 10
eleven Arsenal FC 7 -5 10
12 Wolverhampton Wanderers 7 -1 9
13 Leicester City 7 -3 8
14 crystal Palace 7 -3 7
fifteen Watford FC 7 -3 7
sixteen Leeds United 7 -7 6
17 Southampton FC 7 -5 4
18 FC Burnley 7 -6 3
19 Newcastle united 7 -8 3
twenty Norwich city 7 -14 1
Player Team Goals
Salah, Mohamed Liverpool FC 6
Vardy, Jamie Leicester City 6
Antonio, Michail West Ham United 5
Fernandes, Bruno United manchester 4
Mane, Sadio Liverpool FC 4
Maupay, Neal Brighton and Hove Albion 4
Sarr, Ismael Watford FC 4
Townsend, Andros Everton FC 3
Benrahma said West Ham United 3
Son, Heung Min Tottenham Hotspur 3
Gray, Demarai Everton FC 3
Ronaldo, Cristiano United manchester 3
Lukaku, Romelu Chelsea Football Club 3
Calvert-Lewin, Dominic Everton FC 3
Jota, Diogo Liverpool FC 3
Hwang, Hee-chan Wolverhampton Wanderers 3
Raphinha Leeds United 3
Greenwood, Mason United manchester 3
Doucoure, Abdoulaye Everton FC 2
Jesus, Gabriel Manchester city 2

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