Man United shares slump after Qatari group steps back

Malaysia News News

Man United shares slump after Qatari group steps back
Malaysia Latest News,Malaysia Headlines
  • 📰 fmtoday
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

The decision could pave the way for British billionaire Jim Ratcliffe to gain control of the football club.

Delays marred the almost year-long bidding process, as proposals fell short of the Glazer family’s £6 billion target.

The near-yearlong bidding process has been beset with delays, with offers failing to meet the £6 billion expectation of the Glazer family, splits among the owners about whether to sell and at what price, and fears of litigation from minority shareholders. Such a valuation would give Manchester United a potential share price close to double the US$20-a-share the club is currently valued at.

Much of the reaction from fans following the exit of Qatar from the current bidding process has been negative.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

United siasat mengapa ramai pemain cederaUnited siasat mengapa ramai pemain cederaDengan musim Liga Perdana Inggeris baru memasuki lapan perlawanan, tidak kurang daripada 16 pemain telah cedera atau tidak tersedia untuk
Read more »

Manchester United fans seek clarity as Ratcliffe eyes minority stakeManchester United fans seek clarity as Ratcliffe eyes minority stakeMANCHESTER, Oct 16 — A leading Manchester United fans’ group called yesterday for clarity on the future of the English giants amid speculation British billionaire Jim Ratcliffe...
Read more »

State rights: Sabah, Sarawak must project united standState rights: Sabah, Sarawak must project united standIN CONJUNCTION with the Malaysia Day celebrations on September 16, 2023, it is important for Sabah and Sarawak to prioritise strengthening their bilateral relations.
Read more »

The Word 'Oyen' Has Officially Made its Way to the United States, Man Says He Spotted an 'Oyen'Malaysian have a tendency of coining new terms from our local languages, which then spreads like wildfire. Among the latest terms that has gone viral and is
Read more »

Police cordon off Warsaw square over suspected bombPolice cordon off Warsaw square over suspected bombA man had climbed onto a monument and threatened to blow himself up.
Read more »

Sheikh Jassim withdraws bid to buy Man UtdSheikh Jassim withdraws bid to buy Man UtdFurther talks broke down this week despite an improved offer of around £5 billion.
Read more »



Render Time: 2025-02-22 00:15:58