Manchester United are not in a good place right now - and the players' poor form on the pitch is reflecting the club's finances off it.
A goalless draw away to AZ Alkmaar in the Europa League on Thursday was followed by a 1-0 loss to Newcastle United on Sunday. After eight games, Ole Gunnar Solskjaer's side sit in 12th having lost more games than they've won.
Both inside and outside the club scratching their heads at what exactly is causing the malaise.
Alarmingly, investors are also spooked.
Since reaching an annual high at the end of February, the Manchester United share price has crashed over the last seven months, and fell further as the market opened hours after another disjointed display against Newcastle.
Club shares were trading at around $21.20 at the end of February, as United put together a Premier League run of 10 wins in 12 games, losing none.
But the Reds have spluttered dramatically since then: and the market has responded.
Shares opened today at $15.85 - a drop of a quarter from those February high levels.
This means United's market capitalisation - the vale of all of the club's issued shares added together - has fallen from around $3.5billion in February to only around $2.6billion today.
