Manchester United's valuation rose by almost 110 million-pounds in New York during the first hour of trading following David Moyes' sacking as club manager.
United's shares reportedly rose by 7 percent on the New York Stock Exchange during the first few hours of trading following Moyes' axing.
According to Sky News, United's shares started fluctuating after speculations over Moyes' sacking started coming in.
However, with the club officially declaring on its website that Moyes has left Old Trafford, United's share rose within the first few hours in New York after the market opened for business, the report added.
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