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MarketScreener Homepage  >  Equities  >  Nyse  >  Manchester United PLC    MANU   KYG5784H1065

MANCHESTER UNITED PLC

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New contract for Manchester United's Ashley Young

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02/12/2019 | 03:43am EST

Manchester United's English midfielder Ashley Young takes a throw-in during the English Premier League football match between Leicester City and Manchester United at King Power Stadium in Leicester, central England on Feb 3, 2019. (BEN STANSALL / AFP)

LONDON - Manchester United confirmed Monday that Ashley Young has signed a contract extension which will keep him at Old Trafford until the end of June 2020.

The 33-year-old, who joined the club from Aston Villa in 2011, will now stay for nine seasons in Manchester, where he has 17 goals in 227 appearances and won a Premier League, one Europa League, an FA Cup and a League Cup title.

During his time at Old Trafford, Young has developed from a winger to a more defensive role, as he did at left back for England for much of their successful World Cup campaign in Russia last summer.

He has been a key player for coach Ole Gunnar Solskjaer after the Norwegian replaced Jose Mourinho, and took the captain's armband while Antonio Valencia was out injured.

"Since I've come into the club, Ashley has been fantastic. His attitude and his experience around the place is vital for us because we have got a young team," Solskjaer said.

"We've got players that need some leaders in the dressing room and Ash is one of them so I'm delighted," the coach told Manchester United's TV station.

Young is the fourth player to sign a new deal since Solskjaer joined on a caretaker basis, following Scott McTominay, Phil Jones and Anthony Martial.

The club will now work to assure the future of Spanish midfielders Juan Mata and Ander Herrera, who are both out of contract this summer.

(c) 2019 China Daily Information Company. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (GBP)
Sales 2019 624 M
EBIT 2019 60,5 M
Net income 2019 31,9 M
Debt 2019 245 M
Yield 2019 1,02%
P/E ratio 2019 124,73
P/E ratio 2020 165,17
EV / Sales 2019 4,41x
EV / Sales 2020 4,13x
Capitalization 2 504 M
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Number of Analysts 4
Average target price 17,9  GBP
Spread / Average Target 18%
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Richard Neil Arnold Group Managing Director & Director
Joel Glazer Co-Executive Chairman
Avram A. Glazer Executive Co-Chairman
Cliff Baty Chief Financial Officer & Director
Edward Gareth Woodward Executive Vice Chairman
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