Man Utd's value unchanged in six years as share price falls by £1bn

Manchester United's share price enjoyed a rise in value in the last week, presumably in response to the signing of Aaron Wan-Bissaka for a reported £50million.

Having begun the week at around $17.75, it reached a high of $18.25 before closing at $18.02

Nevertheless, the club is still far away from where it desires to be - and where it has been in the past.

At the current $18.02 share price, the club is valued at around $2.96billion - or £2.35billion at current exchange rates.

This market capitalisation is based on multiplying the value of one share by all of Manchester United's 164,526,390 outstanding shares.

But a little under a year ago, in late August 2018, Manchester United's share price surged to $27.70 per share - valuing the club at $4.55billion - or £3.60billion.

This is a difference of more than £1.2billion that has been wiped from the club's value in less than a year.

Indeed, Manchester's United value hovered around the $18 per share value more than six years ago, in February 2013, around the time the club was gearing up for a Champions League Round of 16 tie with Real Madrid.

At its nadir, in March 2016, the club's share price dropped below $14 per share, when it became increasingly apparent that Louis van Gaal's side would struggle to qualify for the Champions League.