Manchester United tanks on report Glazers may avoid sale with new investment

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Shares of Manchester United PLC fell 13 per cent on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club.The family also expects the investment to help them double the value of the club over the next 10 ye

Shares of Manchester United PLC fell 13 per cent on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club.

A small portion of the club's shares is listed on the New York Stock Exchange. The market capitalization was about $3.6 billion as of Friday's close.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines