The Manchester United takeover process continues today as the Glazers mull offers for Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliff.
Manchester United’s share price has risen 3.45% in the past five days as the takeover process continues.
The Glazers announced in November that they would seek further financial investment in United, including the option of an outright sale.
In the months that followed, two men managed to lead the pack: Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe.
Sheikh Jassim’s offer is to buy the whole club, meaning the Glazers would leave Old Trafford.
Ratcliffe’s offer sees him buy 60% of the Reds, opening the door for American owners including Joel and Avram to stay. Depending on the reports, the takeover could be determined shortly for a large update.
On his atmosphere with Five Youtube Channel on Monday, July 3, former defender of United Rio Ferdinand and his co -moderate colleague Joel Beya Wiesen, that on Tuesday, July 4, the news of Old Trafford about the sales state would make Driving in driving seat to buy red.
Previously, after such reports, there were great news on the takeover, there was a great increase in the United Share course.
At the end on Monday, however, the shares had increased slightly to USD 24.40. Over the past five days, this shows a 3.45% increase, which isn’t hugely groundbreaking.
Between Thursday and Friday of last week, we saw the biggest gain in recent days as the stock moved from $23.97 to $24.78 in less than 24 hours.
United is available on the New York Stock Exchange, which opens at 2:30pm UK time (9:30am New York), so it remains to be seen whether the markets will change as news comes out.
