BUZZ-Manchester United shares slump after defeat against Spurs in Europa League final

Reuters
22 May
BUZZ-Manchester United shares slump after defeat against Spurs in Europa League final

** Manchester United shares fall MANU.N 7.2% to $13.50 premarket

** Soccer club loses 1-0 to Tottenham Hotspur in Europa League final, meaning no entry in lucrative Champions League next season

** MANU stock had hit a more-than-11-week high in the run up to the final on Wednesday

** In Feb, it reported a fall in Q2 revenue as it played in the less lucrative Europa League instead of Champions League

** The "Red Devils" are currently 16th place in the Premier League where 20 clubs compete

** Stock down 16% this year through Weds, after losing about a quarter of its value in last 2 years

(Reporting by Medha Singh and Yadarisa Shabong)

((medha.singh@thomsonreuters.com))

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