Manchester United's poor form this season under David Moyes has seen their stock market value drop £220million. The Telegraph reports United have seen their share price on the New York Stock Exchange drop by more than 12 per cent from £10.68 to £9.36 since Dec 6 - despite the S&P 500 Index on which the club is listed enjoying a two per cent per cent overall rise in that time.
With the total valuation of the club at £1.75 billion on Dec 6, it had dropped to £1.53 billion during morning trading in New York yesterday.
