Manchester United's stock suffered a record beating Tuesday, after a report that the U.K.-based football club was set to be taken off the market.
The U.S.-listed shares of Manchester United PLC were suffering a record beating Tuesday, after a report that the iconic U.K. football club was set to be taken off the market.
The Florida-based Glazer family, which took control of Manchester United in 2005, had said in November 2022 that a sale of the club was being explored. Over the Labor Day weekend, the Mail Online reported that the Glazers were set to take the club off the market. It had been believed that a sale of the club was close, as MarketWatch learned in early June that Qatar’s Sheikh Jassim had submitted a fifth and final bid to buy 100% of the club, with reports indicating the bid was no more than $7.5 billion.
Offers for the club have not reached levels that the Glazers were looking for, so they have decided to take the club off the market, in the expectation that market conditions will improve down the read, the Mail Online report said, citing a source described as having close ties to the family.
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.
Manchester United, America's Car-Mart fall; Insmed, Brady rise, Tuesday, 9/5/2023Stocks that are trading heavily or have substantial price changes on Tuesday: Manchester United, America’s Car-Mart fall; Insmed, Brady rise.
Read more »
Manchester United stock heads for record selloff after report the club's sale is offManchester United's stock suffered a record beating Tuesday, after a report that the U.K.-based football club was set to be taken off the market.
Read more »
WATCH: Arsenal scores two late goals to cap comeback vs. Manchester UnitedDeclan Rice and Gabriel Jesus capped a thrilling Arsenal comeback vs. rivals Manchester United during Matchday 4 of the Premier League on Sunday.
Read more »
Manchester United’s Antony dropped from Brazil national team over domestic abuse allegationsThe Brazilian national soccer team dropped Manchester United star Antony from its roster following new allegations of domestic abuse by a former girlfriend.
Read more »
Manchester United's Antony dropped from Brazil's national team after new domestic violence allegationsBrazil's national soccer team dropped Manchester United's Antony Matheus dos Santos on Monday after new domestic violence allegations were levied against him.
Read more »
Manchester United's Antony dropped from Brazil's national team after new domestic violence allegationsBrazil's national soccer team dropped Manchester United's Antony Matheus dos Santos on Monday after new domestic violence allegations were levied against him.
Read more »