
Manchester United's stock market value continues to grow with Cristiano Ronaldo preparing for a second debut against Newcastle United.
United shareholders continue to see serious gains after Ronaldo's return from Juventus last week.
"The Manchester United share price gained 9% following the announcement that the club had re-signed Cristiano Ronaldo on a two year deal, which added $300 million (£271million) to the clubs market worth," Mike Owens, Financial Expert at Saxo Markets said.
"The club are a football superpower who already lead other major teams in their effectiveness to harness revenue streams and the resigning Ronaldo helps them maximise this.
“All eyes will be on Ronaldo this Saturday and if it's a return to remember, attention will turn to Manchester United shares' performance in New York on Monday.
“Ultimately the performance of the share price will follow the success of the team and if Ronaldo comes good on his pledge that 'Sir Alex, this one is for you' meaning winning the Premier League, then fans and investors should both have something to celebrate."
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