Man Utd's £1.3billion blow ahead of Erik ten Hag's first transfer window in charge

Manchester United' s share prices are at an all-time low ahead of one of their most important transfer windows to date.

Erik ten Hag already has a massive job on his hands, and will look to get United back to winning ways with an overhaul of the squad. But it's not yet known what his budget will be, and he hasn't been helped by the fact that the value of United has now dropped by over £1.3billion.

Shares were at an all-time low of just $11.07USD by the close of play on June 13, meaning that prices have dropped a whopping 47 percent since October 2021. We already knew that United were desperate to reclaim success, but the brutal figures have highlighted just how far away they are from where they once were.

Just 12 months ago, United's shares were valued at $15.66USD, and they even creeped up to $20.74USD after Cristiano Ronaldo returned to Old Trafford. It may not be entirely down to their lack of success on the field though that their shares have dropped to drastically.

Financial experts have claimed that United's falling stock prices are a reflection of the wider economic fears within the market, but concede that the mass rebuild that is set to take place this summer hasn't helped. But the mass drop in price means that the Glazers have seen shares drop by 21 percent since they took charge back in 2005.

The Glazer family haven't been the most popular of owners since their arrival, but recent events have seen them lose a lot of trust, and protests are now a regular part of a United matchday. United haven't won the league in almost 10 years, and they haven't won a trophy since 2017, when Jose Mourinho was in charge.

Of course, it's not all about silverware, but it's something that has been missing from United for