Finance guru: Man United braced for stock market plunge amid Cristiano Ronaldo latest
Man United will see their stock market share price fall if Cristiano Ronaldo leaves the club.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the Portuguese superstar’s effect on the Red Devils’ market value.
Per The Athletic on Tuesday (5 July), Ronaldo has now missed a second consecutive day of pre-season training.
The news comes days after the 37-year-old is understood to have told club chiefs that he wants to leave this summer.
United’s share price rose to an all-time high in the immediate aftermath of Ronaldo’s re-arrival from Juventus in August last year.
But it has since fallen to its lowest mark since the club went public in 2012.
And Plumley anticipates that it could plunge even further if Ronaldo quits Old Trafford for a second time.
“I think United will have to be mindful of this,” he told Football Insider’s Adam Williams.
“We saw a spike when he signed. We can’t directly attribute it to his arrival, but he is part of a package of things. I think we are likely to see the other side of that if he does move on.
“His profile is that of one of the biggest superstars in world football. You have to factor that in. He is a marketable asset. Whether it would cause a huge drop, I don’t know. But you would certainly see a little bit of volatility.
“It’s symptomatic of the way that club is run. Anything that happens on the pitch will affect the off-pitch and the share price. This is just one of the things they have to take into account when they’re working under this model.”
Ronaldo scored 24 times in 2021-22.
It is unclear whether he will travel with United for the upcoming tour of Thailand and Australia.
In other news, expert issues “mind-blowing” verdict after Man United “time bomb” claim.