Welcome to Manchester Angel Di Maria! He was signed for a British record £59.7 million deal, agreed between Manchester United and Real Madrid, two of the biggest, richest, most famous clubs in the world. Di Maria passed his Man United medical yesterday morning and was unveiled following United’s 4-0 loss to MK Dons in the Capital One Cup.
Take a look.
Speaking of Van Gaal and Di Maria, here’s a video reminding us of that classic Holland vs Argentina match-up in the World Cup this past summer:
So how’s the market reacting to this? It actually drive United stock price down 3%
As of 1:01 PM EST, MANU was actually trading down at close to 3%. On Monday, the stock closed at $17.86, and its last quote was $17.40, so it’s down 2.58% for the day. Now, we’ve known that Angel Di Maria was a done deal for a couple days now, so I’m guessing that knowledge of the Argentine winger moving to Old Trafford was already figured into the price.
Plus, there’s so many fiscal, operations, and economic forces at work here into the MANU share price that who knows what could be the more influential drivers in price. We’ll keep you posted.
Paul M. Banks owns and operates The Sports Bank.net, which is partnered with Fox Sports, Yahoo! and the Chicago Tribune RedEye edition. He’s been a guest on news talk shows all across the world and been featured in hundreds of media outlets including NFL Network, Fox Sports 1 and ESPN2. Follow him on Twitter (@paulmbanks)