Manchester United shares hit new high on New York Stock Exchange despite on-field concerns
United, who haven't won a league title since 2013, are now worth a whopping £3.1billion
MANCHESTER UNITED'S woes on and off the pitch are certainly not affecting their price on the stock market with their share price hitting an all-time high.
Shares in the Red Devils on the New York Stock Exchange have gone up 14 per cent from the last week of July to £18.50.
That means the Red Devils, who haven't won a league title since 2013, are now worth a staggering £3.1billion.
The figure has almost doubled in six years when Sir Alex Ferguson was still boss.
Despite the remarkable wealth, vice-chief executive Ed Woodward decided to pull the plug on a number of summer transfer deals to land defenders.
It comes as a piece of rare good news for Woodward and the club with problems mounting behind the scenes.
Sunday's 3-2 defeat at Brighton means they are now fifth favourites to win the title.
Noise around the club suggests fiery boss Jose Mourinho is losing respect of the dressing room which looked evident with the lack of fight against the Seagulls.
And Paul Pogba's super agent, Mino Raiola, only added to the mess after his sensational outburst against club legend Paul Scholes.
The retired midfielder has questioned Pogba's leadership after the France star admitted he had “attitude” problems
And Raiola claimed Scholes, 43, “wouldn’t recognise a leader if he was in front of Sir Winston Churchill” and that “some people talk in fear of being forgotten”.