News Formal

Man United shares tank after report Glazers may avoid sale with investment

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of Manchester United PLC fell 13% 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 years, ESPN reported, citing a source.The English soccer club's stock fell to $18.91, its lowest since late November, when the Glazers started weighing options including new investment or a potential sale for the 20-time English champions that they bought 17 years ago for £790m.

The Glazers are increasingly confident of securing the outside investment that will enable them to remain as Manchester United owners, a source has told ESPN.

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:

 /  🏆 13. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man United shares tank after report Glazers may avoid sale with investmentMan United shares tank after report Glazers may avoid sale with investment: Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the…
Source: SABreakingNews - 🏆 41. / 51 Read more »