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MANU / Manchester United takeover: $350m wiped off value as market reacts to ‘no sale' report

Manchester United takeover: $350m wiped off value as market reacts to ‘no sale' report
Manchester United Plc (NYSE:MANU) saw around $350 million wiped off its stock market valuation as its New York-listed shares lost over 9% following reports over the weekend claiming the club was no longer for sale. The football club's New York shares, which represent the club's minority and subordinate equity, have begun pre-market trading after America's Labor Day holiday weekend. Read More
Posted: Sep 5 2023, 08:26
Author Name: Proactive Investors
Views: 042282

MANU News  

Manchester United investor Ratcliffe to spend US$300m overhauling Old Trafford - report

By Proactive Investors
November 3, 2023

Manchester United investor Ratcliffe to spend US$300m overhauling Old Trafford - report

Manchester United will receive an additional US$300 million (£245 million) to upgrade its infrastructure from prospective investor Jim Ratcliife, acc more_horizontal

West Ham Utd owner looking to sell minority stake

By Proactive Investors
October 31, 2023

West Ham Utd owner looking to sell minority stake

West Ham United owners have put a 10% stake in the club up for sale, testing whether Man Utd's transfer saga has left a sour taste in the mouths of in more_horizontal

Jim Ratcliffe to pay $1.5B for 25% of Manchester United: Reuters

By Yahoo Finance
October 16, 2023

Jim Ratcliffe to pay $1.5B for 25% of Manchester United: Reuters

Qatar's Sheikh Jassim bin Hamad al-Thani has withdrawn his bid to buy 100% of Manchester United (MANU). According to a report from Reuters, Ineos Chai more_horizontal

Jim Ratcliffe: Who is Manchester United's new owner?

By Proactive Investors
October 16, 2023

Jim Ratcliffe: Who is Manchester United's new owner?

Jim Ratcliffe, the founder of Ineos and one of Britain's richest businessmen is set to buy Manchester United. Yet, the 70-year Mancunian billionaire more_horizontal

Why Manchester United Stock Is Taking a Loss Today

By The Motley Fool
October 16, 2023

Why Manchester United Stock Is Taking a Loss Today

It appears Manchester United will not be sold outright, meaning small shareholders will not get a chance to cash in. The deal that is happening repres more_horizontal

Manchester United shares plumet as Ratcliffe set to buy only 25%

By Proactive Investors
October 16, 2023

Manchester United shares plumet as Ratcliffe set to buy only 25%

Manchester United Plc (NYSE:MANU) shares dropped 12% in Monday's early premarket deals as holders of the football club's New York listed subordinate m more_horizontal

Manchester United board to discuss takeover proposals in coming days, Ratcliffe “the frontrunner” - report

By Proactive Investors
October 13, 2023

Manchester United board to discuss takeover proposals in coming days, Ratcliffe “the frontrunner” - report

Manchester United Plc (NYSE:MANU) board is set to discuss the proposals to buy the club in a meeting due to take place in the coming days, according t more_horizontal

Manchester United shares rise on fresh reports Qatari takeover is “close”

By Proactive Investors
October 12, 2023

Manchester United shares rise on fresh reports Qatari takeover is “close”

Speculation in the media and speculation in the market, just another week in the ongoing news vacuum of Manchester United Plc's (NYSE:MANU) potential more_horizontal


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