Man United share price could nosedive after power struggle - Finance guru

By Kieran Maguire

8th May, 2022 | 12:08pm

Kieran Maguire: Man United share price could nosedive after losing boardroom 'power struggle'

Uefa’s U-turn on plans to award two spots in the Champions League to teams based on historic merit is a bitter blow to Man United.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Uefa’s plans for the Champions League post-2024.

The ruling body had planned to award two places in the new expanded format to teams who failed to qualify but have a high 10-year coefficient.

This would be a safety net for United, whose 4-0 humiliation at Brighton on Saturday (7 May) means they cannot finish in the top four this term.

But The Times reported yesterday (2 May) that Uefa is now likely to scrap the proposals amid growing pressure.

And Maguire claims that United’s share price could tumble in response to the news.

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“There is clearly a power struggle between the elite clubs and the leagues,” he told Football Insider‘s Adam Williams.

“Ceferin is a fan of European football as a whole whereas the Glazers are motivated purely by self-interest.

“It’s not good for United because they do have a high Uefa coefficient, so you can understand them wanting to extract more from that.

“Both this and the failure of the Super League are not good for United’s share price or revenue flows.”

United conclude their season at Crystal Palace on 22 May.

They will be under the supervision of Erik ten Hag next season, who has agreed to join from Ajax.

In other news, Jesse Lingard told to “grow up” after latest Man United controversy.