Manchester United share price suffers biggest drop in over a yearManchester United's share price has suffered its biggest drop in over a year, with more than £300 million wiped off the club's value on the New York Stock Exchange (NYSE) prior to the opening of trading on Wednesday.
United, listed on the NYSE since August 2012, had been valued by Forbes.com as the most valuable team in world sport at $4.8 billion (£3.75bn) in August this year.
But the club's share price dropped 8.68 percent in trading on Tuesday, falling from an opening price of $19.92 a share to $18.19 at the end of the day.
The fall has taken the value of the club to its lowest level since October 2017, having hit an all-time of $27.70 less than three months ago.
http://www.espn.com/soccer/manchester-un...-in-over-a-year 