Manchester United’s Shares on New York’s Stock Exchange Spikes Major Concerns
Manchester United’s share price which was around $12 back in November when the Glazer family announced it was to be put up for sale – is always closely monitored and a sudden spike to $25.01 caught the eye, According to All-Football.
The spike occurred after a report from Qatari newspaper Al-Watan claimed that Sheikh Jassim has prevailed in his bidding war with Sir Jim Ratcliffe.
Takeover talk has dragged on at United ever since the Glazers announced they were open to selling the club back in November.
If Al-Watan’s claim indeed holds up, Ratcliffe will have come up short in his effort to purchase United, the club he has supported all his life.
United’s takeover saga is now reaching its conclusion after what has been a long-winded seven months of speculation.
The Glazers first announced they were open to a sale all the way back in November, on the same night they confirmed Cristiano Ronaldo had left via mutual consent.