'Manchester United Sack Manager Erik Ten Hag After Dismal Start To The Season' - CNBC
Portfolio Pulse from Benzinga Newsdesk
Manchester United has sacked manager Erik ten Hag after a poor start to the Premier League season. The club's shares, listed on the NYSE, rose slightly following the announcement. The decision is significant following Jim Ratcliffe's acquisition of a minority stake in the club.
October 28, 2024 | 5:41 pm
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Manchester United's decision to sack manager Erik ten Hag led to a slight increase in its stock price. This move is seen as significant following Jim Ratcliffe's acquisition of a minority stake in the club.
The sacking of Erik ten Hag is a major decision for Manchester United, a publicly traded company. The stock rose slightly, indicating investor approval or relief. This decision is also significant in the context of recent changes in club ownership dynamics, with Jim Ratcliffe's acquisition of a minority stake.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100