Manchester United Executive Vice-Chairman Ed Woodward will not be part of the club’s summer tour as he continues to work on transfers with just two weeks to go before the close of the summer transfer market.
This will be the first time Woodward will be not join a tour since taking over from David Gill in 2013.
Manager Ole Gunnar Solskjaer is still hopeful of making two more signings before the deadline on Aug. 8 with a deal for Leicester City defender Harry Maguire a priority, and other reporter targets.
Meanwhile, Manchester United still remain one of the biggest brands not just in football, but across different sports. The Reds are still in Forbes’ top 10 by value. But recent reports have revealed that the club have lost four spots in the ranking and are now only fifth. The one-year change is -8%.
Spanish giants, Barcelona and Real Madrid are the only football clubs ahead while the other two spots are for American sports.
Also, Forbes have this month published their annual rankings of world’s most valuable football clubs with United the highest ranked Premier League side. While the first two places are taken by the Spanish giants, Real Madrid & Barcelona, the rest of the list is dominated by Premier League clubs.
Manchester United have been placed 3rd in the rankings with an overall value of $3.808 billion, down 8 per cent from last year.