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Top related persons:
Jim Ratcliffe - 1 Jassim Bin Hamad Al Thani - 1 Glazer - 1 hasn’t - 1
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London CNN — Manchester United - 1 Daily Mail - 1 Labor - 1 Manchester United - 1 CNN - 1 English Premier League - 1 Newcastle Business School - 1 Manchester - 1

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2 mentions found


☆ Manchester United: $740 million wiped off football club's market value
  + stars: | 2023-09-06 | by ( Olesya Dmitracova | ) edition.cnn.com   time to read: +3 min
London CNN —Manchester United shares have plunged more than 19% this week, slashing almost $740 million off the soccer club’s market value, following a UK newspaper report that the club’s US owners would drop an attempt to sell the company, at least for now. The stock fell more than 18% Tuesday in the largest daily decline since United’s IPO in New York in August 2012. According to multiple reports earlier this year, the Glazers were seeking between $7.2 billion and $9.6 billion from potential buyers. In June, Manchester United reported revenue of £481 million ($604 million) for the nine months to March 31, 2023, and an operating loss of nearly £11 million ($14 million). For the full fiscal year, it forecast record revenue of between £630 million and £640 million ($803 million).
Persons: Jim Ratcliffe, Jassim Bin Hamad Al Thani, Glazer, hasn’t Organizations: London CNN — Manchester United, Daily Mail, Labor, Manchester United, CNN, English Premier League, Newcastle Business School, Manchester, Germany’s Borussia Dortmund, Italy’s Juventus Locations: New York, “, Frankfurt, Milan
☆ Great shortfall of China: Australia's biggest tourism market returns with a whimper
  + stars: | 2023-04-16 | by ( Stella Qiu Byron Kaye | Stella Qiu | Byron Kaye | ) www.reuters.com   time to read: +5 min
In February, the first full month since China's border reopened, Australia recorded 40,430 short-term visitors from China, government data showed. Government marketing body Tourism Australia declined to comment. Trade promotion office Austrade said Tourism Australia's managing director visited China in March to meet strategic partners such as airlines and the body would "continue to work closely with its key distribution partners in the market to realise tourism opportunities between Australia and China". China was Australia's biggest source of foreign students until 2019, but students of other nationalities have filled its foreign student ranks since Australia reopened its border in 2021. "When Chinese tourists return en masse, I'm worried that the supply will not catch up with demand," he said.
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