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Man Utd shares briefly open up in Frankfurt on reports of Mourinho hire

Reuters - UK Focus

LONDON, May 23 (Reuters) - Shares (Berlin: DI6.BE - news) in English soccer club Manchester United (NYSE: MANU - news) opened higher on the Frankfurt stock exchange on Monday, following media reports over the weekend that Jose Mourinho would be appointed as the team's next manager.

The club's Frankfurt-listed shares briefly opened up 2.4 percent, before then slipping back by around that same amount.

Manchester United's main stock market listing is in New York , although it has a secondary, and less widely traded, share listing in Frankfurt.

Manchester United's shares closed up 2.4 percent in New York on May 20.

(Reporting by Sudip Kar-Gupta)