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The Glazers sell 9.5million Manchester United shares valued at £137m on the New York Stock Exchange... with their value jumping by £15.7m since Cristiano Ronaldo's return in August

The 9.5million Manchester United shares put up on the New York Stock Exchange by the Glazer family were worth £15.7m more due to Cristiano Ronaldo's return to the club.

The Glazers, who own the Premier League club, put up £137m worth of shares up for sale on Tuesday night under the names of club directors Kevin Glazer and Edward Glazer.

A statement from the Red Devils stated that the club 'will not receive any proceeds from the sale' but United's share price has increased by £1.65 since Ronaldo's return to the club was announced on August 27, meaning the Glazers are profiting financially following Portuguese icon's move back to Old Trafford.