A Week to Remember for Manchester United Investors as Stock Surges 68%

This week’s swift rise for Manchester United’s shares has also helped its market capitalization balloon back above the $3 billion mark, a level that it has traded above only a handful of times over the last three years. While investors may be cheering the rapid climb, not everyone is buying in. Jim O’Neill, a former Goldman Sachs Group Inc. economist who led a bid for the club in 2010, said in a Bloomberg TV interview that whatever the current valuation is right now, “it’s too much.”