$MANU STOCK ON SAME DECLINE AS THE MANCHESTER UTD TEAM. BEARISH

ARGUABLY THE BIGGEST CLUB IN THE WORLD IS HEMORRHAGING VALUE FOR INVESTORS. THE TEAM HAS BEEN IN THE DECLINE FOR 6 YEARS AND NOW THE STOCK IS FOLLOWING. FAILURE TO QUALIFY FOR THE CHAMPIONS LEAGUE WILL MEAN A LOSS OF UP TO $40 MILLION ALONE. THIS SEASON ANOTHER MANGER HAS BEEN SACKED WHICH MEANS THE NEW MANAGER WILL BE GIVEN LARGE SUMS OF MONEY TO TRY AND BUILT A TEAM. THIS WILL TAKE TIME, AND SPONSORSHIP DEALS ETC MAY BECOME LESS APPEALING TO ADVERTISERS. EARNINGS MAY BE GOOD BUT ITS JUST SHORT TERM,.