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Thursday, 24 March 2016

Manchester United worth $1billion less than when Louis van Gaal took over as manager

Manchester United has suffered a spectacular financial decline in the last one year. It's been revealed that over $1billion has been wiped off the club's share price value from July 2014 to March 2016.

Dutch coach Louis van Gaal took over management reins at the club in the summer of 2014, after leading Holland to third place at the World Cup. Since he joined Man U, the club's share price has dropped by $6.25. It went from $19.58 to $13.33, on the close of the New York Stock Exchange on March 23 2016. 

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