Manchester United’s share price has dropped to its lowest level since December 2012.
Shares in the Red Devils were trading for as low as $13.79 (£9.56) on the New York Stock Exchange on Monday morning.
The drop in value comes in the wake of United’s 1-1 draw with Chelsea on Sunday, which sees them sitting six points outside the Premier League’s top four.
The possibility of missing out on a Champions League spot appears to have rattled the club’s investors, despite United’s strong commercial position under executive vice-chairman Ed Woodward.
Woodward will host a conference call with the club’s investors on Thursday following the announcement of the United’s first-quarterly results of 2016.