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

MANCHESTER UNITED PLC

(MANU)
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Manchester United : Man United signs Van De Beek from Ajax for $46 million

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09/02/2020 | 01:47pm EDT

MANCHESTER, EnglandManchester United completed the signing of Ajax midfielder Donny Van De Beek on Wednesday for the English club's first addition of the transfer window.

The deal for the 23-year-old Netherlands international is worth 39 million euros ($46 million), plus an additional 5 million euros ($6 million) in add-ons, Ajax said.

Van De Beek, who played an important role in Ajax’s run to last year’s Champions League semifinals, signed a five-year deal with the option of a further season and could form an exciting-looking midfield combination with Paul Pogba and Bruno Fernandes.

“I cannot begin to explain how incredible an opportunity it is to join a club with such an amazing history,” Van De Beek said. “Everyone has told me how amazing the Old Trafford atmosphere is and I am looking forward to experiencing that, once it is safe for the fans to return."

Van De Beek came through the ranks at Ajax and has gone on to establish himself in the Dutch national team.

He will head to Manchester after the Netherlands' upcoming Nations League double-header with Poland and Italy.

“Donny has all of the technical attributes needed to perform in this team and has the personality required to succeed at Manchester United," United manager Ole Gunnar Solskjaer said. “His ability to see space, time his movements and read the game will really complement the qualities that we have in midfield and his arrival really strengthens the depth of talent we have in that position.”

United has been heavily linked this off-season with England winger Jadon Sancho, whose club — Borussia Dortmund — says he will not be leaving.

___

More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_Sports

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile


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Financials
Sales 2020 504 M 657 M 657 M
Net income 2020 -28,1 M -36,7 M -36,7 M
Net Debt 2020 431 M 562 M 562 M
P/E ratio 2020 -63,9x
Yield 2020 1,33%
Capitalization 1 804 M 2 352 M 2 352 M
EV / Sales 2020 4,43x
EV / Sales 2021 3,30x
Nbr of Employees 1 000
Free-Float 21,5%
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Mean consensus BUY
Number of Analysts 3
Average target price 1 372,35 GBX
Last Close Price 1 098,16 GBX
Spread / Highest target 31,7%
Spread / Average Target 25,0%
Spread / Lowest Target 18,3%
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Managers
NameTitle
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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