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Man Utd lose HALF A BILLION in value due to coronavirus

  /  Geralt

Manchester United's value has dropped like a stone due to the rapid spread of the deadly coronavirus.

As the US stock market continues to tumble, figures show the Red Devils are feeling the brunt with over half a billion wiped off their value in the last three weeks.

On February 20th, United's share price stood at £15.34 but has since dropped to £11.47.

Price of Football's Kieran Maguire shared: "Manchester United has decreased in value by over half a billion pounds in the last 3 weeks due to coronavirus market falls."

As of May 2019, United's total value stood at £3.02bn while now it remains around £2.5bn.

United are also at serious risk of seeing that figure continue to collapse within the next weeks as the virus continues to have an impact on sport worldwide.

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