Manchester United's stock price showed signs of stabilising on Tuesday but finished at a loss as the New York Stock Exchange closed trading.
News of Sheikh Jassim dropping out led to panic in the markets and the price of the club's shares had dropped by more than 10 per cent when trading ended on Monday. This was seen as the Stock Exchange reacting disappointingly to the prospect of the Glazers remaining at the club and a full sale not coming to fruition.READ MORE: The behind-the-scenes problem Ratcliffe and United must avoid
With this realisation now setting in, the markets calmed on Tuesday. Opening up at $17.99, United's stock price dropped as low as $17.25 by 4pm .
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