TopMarketGainers

$MANU STOCK ON SAME DECLINE AS THE MANCHESTER UTD TEAM. BEARISH

Short
NYSE:MANU   Manchester
ARGUABLY THE BIGGEST CLUB IN THE WORLD IS HEMORRHAGING VALUE FOR INVESTORS. THE TEAM HAS BEEN IN THE DECLINE FOR 6 YEARS AND NOW THE STOCK IS FOLLOWING. FAILURE TO QUALIFY FOR THE CHAMPIONS LEAGUE WILL MEAN A LOSS OF UP TO $40 MILLION ALONE. THIS SEASON ANOTHER MANGER HAS BEEN SACKED WHICH MEANS THE NEW MANAGER WILL BE GIVEN LARGE SUMS OF MONEY TO TRY AND BUILT A TEAM. THIS WILL TAKE TIME, AND SPONSORSHIP DEALS ETC MAY BECOME LESS APPEALING TO ADVERTISERS. EARNINGS MAY BE GOOD BUT ITS JUST SHORT TERM,.

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