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MANCHESTER UNITED PLC

(MANU)
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Manchester United : Solskjaer extends contract with Manchester United until 2024

07/24/2021 | 08:18am EDT

London, Jul (EFE).- Manchester United head coach Ole Gunnar Solskjaer extended his contract until 2024 with an optional extra year, the Premier League club announced on Saturday.

Despite criticism over the team's poor performance last season, the Red Devils finished the 2020/2021 Premier League second, behind cross-city rival Manchester City, and were the Europa League runner-ups.

The Norwegian manager initially took the helm as an interim coach in December 2018 to replace Jose Mourinho, but then signed a long-term contract.

"Everyone knows the feeling I have for this club, and I am delighted to have signed this new contract," Solskjaer said in a statement.

"It is an exciting time for Manchester United, we have built a squad with a good balance of youth and experienced players that are hungry for success," he added.

The announcement comes a day after the signing of British young midfielder Jadon Sancho from Borussia Dortmund. EFE

© 2021 EFE News Services (U.S.) Inc., source EFE Ingles

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Analyst Recommendations on MANCHESTER UNITED PLC
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Financials
Sales 2022 617 M 843 M 843 M
Net income 2022 -9,94 M -13,6 M -13,6 M
Net Debt 2022 284 M 388 M 388 M
P/E ratio 2022 -235x
Yield 2022 1,16%
Capitalization 2 381 M 3 255 M 3 253 M
EV / Sales 2022 4,32x
EV / Sales 2023 4,18x
Nbr of Employees 983
Free-Float 24,1%
Chart MANCHESTER UNITED PLC
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Manchester United plc Technical Analysis Chart | MANU | KYG5784H1065 | MarketScreener
Technical analysis trends MANCHESTER UNITED PLC
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TrendsBullishBullishBullish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 1 460,88 GBX
Average target price 1 377,23 GBX
Spread / Average Target -5,73%
EPS Revisions
Managers and Directors
Richard Neil Arnold Group Managing Director & Director
Cliff Baty Chief Financial Officer & Director
Joel Glazer Executive Co-Chairman
Avram A. Glazer Executive Co-Chairman
Robert Mark LeitŃo Independent Director
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