Manchester United investors to grill executive vice-chairman Ed Woodward

Ed Woodward
Image: Ed Woodward will be questioned by Manchester United investors on Thursday

Ed Woodward will receive a grilling from Manchester United's investors about the club's performance on and off the pitch on Thursday.

United executive vice-chairman Woodward will take part in a conference call with investors at 1pm after the club's first quarterly financial results of 2016 are announced.

The club's share price has taken a tumble since the start of the year - on Monday, the price of one share dropped below $14 (£9.63) for the first time since flotation on the New York Stock Exchange in 2012.

At one stage on Wednesday afternoon, United's shares were worth $13.70 (£9.43) before rallying back above the $14 mark.

Woodward and his senior colleagues at United have pulled off some remarkable commercial deals recently, the biggest one being the world record £750m 10-year kit deal with German sportswear manufacturer Adidas.

But the team's performance on the pitch is clearly a consideration for those considering buying shares in the club.

Jose Mourinho at Old Trafford, Manchester United v Chelsea, Premier League, 26 October 2014
Image: Widespread reports have linked Jose Mourinho with United

United may have earned a creditable 1-1 draw at Chelsea last weekend, but they are now six points off the Champions League qualification places with 13 games to go in the Premier League season.

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And they have also had to deal with doubts over the future of manager Louis van Gaal, with newspaper reports linking the club to a summer move for former Chelsea boss Jose Mourinho.

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