Manchester United – Biggest Brand in Sport? Why DealCloud? – Target price $7: Sell

I explained on Friday why the Manchester United (MANU:US) IPO was, at $14, a joke. I am asked what I think that the stock is worth? I am not sure that there is any terribly scientific answer to that as there are so many imponderables/unknowns, but since most are on the downside I would happy to start with a prediction that the shares could well halve to a share price of $7.

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