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We were finished, an empire crumbling with all the drama of Rome in 476AD and writing this just before Christmas, it has to be admitted that United have had some disappointing results since August.
I feel festive time is the best time to visit a mall. After spending a great day in Manchester, stress had to follow.
We went to the bus stop to reach the coach station.
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Manchester United manager Ole Gunnar Solskjaer: ‘United’s assumption was there was a “causal link between Solskjær’s skill as a manager and the upturn in the team’s fortunes”.’ Photograph: Andrew Yates/Reuters Short-term thinking, confusing skill with luck, the lure of a good story – Manchester United’s decision to appoint the unproven Ole Gunnar Solskjaer as their manager was a mistake, according to Aberdeen Standard fund manager Joe Wiggins, and one that investors can learn from.
It’s been a difficult year both for United fans and for shareholders.The value of Champions League broadcasting rights is set to jump by more than 50 per cent for the 2019-21 seasons compared with the 2016-18 period, to €5.9 billion, so the revenue impact is significant.United had hoped to avert such a scenario after appointing Solskjaer as interim manager following the sacking of José Mourinho in December.You enter the mall from Selfridges – too grand right?The mall was decorated beautifully as it was Christmas time.United’s assumption was that there was a “causal link between Solskjaer’s skill as a manager and the upturn in the team’s fortunes”, says Wiggins – an “instinctive conclusion” but “not necessarily the correct one”.Simple mean reversion may have been at work; a manager will usually be sacked after an unusually poor run of form, so the subsequent upturn may be partly explained by reversion to the mean.The red color of the muffler with some yellow totally reminds me of Manchester United. The next and last stop was Trafford Centre, the shopping mall about which we had heard so much.Trafford Centre is said to be the largest shopping mall in the United Kingdom.Solskjaer had “little managerial pedigree”, writes Wiggins on his Behavioural Investment blog, outside of a disappointing eight-month spell in the Premier League (he was sacked by Cardiff City after the club was relegated in 2014) and a longer tenure in the minor Norwegian league.However, as a former United player, Solskjaer was a cult hero at the club and it was hoped he would steady the ship, giving them time to appoint a more experienced manager in the summer.