By Dr Dan Plumley

21st Jun, 2022 | 10:48am

Finance guru: Glazers 'concerned' after 'volatile' Man United reveal

The Glazers will be “concerned” by the “volatile” market price of Man United – and things are unlikely to improve any time soon given the pending rebuild project.

That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the Red Devils’ performance on the New York Stock Exchange.

As relayed by The Athletic last Tuesday (14 June), United’s share price fell below $11 for the first time since they went public over a decade ago.

Data taken from Yahoo Finance on Tuesday (21 June) shows that the price has now risen to around $11.50, with the market cap standing at £1.9bn.

The share price was as high as $20 when 37-year-old superstar Cristiano Ronaldo re-signed in August last year.

Plumley suggests that the Glazers will be worried by the dramatic fluctuations given that they are about to enter a transition period under Erik ten Hag.

Subscribe to Football Insider TV now

“I think they will be concerned,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.

“The model has been to generate as much income as possible through the organisation. That means they have to perform well on the stock market.

“It has been cited that there are wider market considerations that have affected things here. But there is also uncertainty and a rebuild job that needs to be undertaken by Ten Hag.

“That is not a short-term rebuild. It will take five to 10 years. You have got the situation with Old Trafford as well. That will create a little bit of volatility in terms of market value as well.

“I don’t think this will shift the dial in terms of what the Glazers are trying to do and when they might exit the club further down the line.

“There will be concern about the business model but I don’t think we’ll see the model change. It will be a question of what is the next phase for United.

“Then, how do we boost on-pitch performance and sort out Old Trafford? That will reflect the share price.”

In other news, pundit exects Man United to seal £58m Frenkie de Jong deal after journalist’s update.