{"id":22404,"date":"2023-06-14T05:47:52","date_gmt":"2023-06-14T09:47:52","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/manchester-united-stock-jumps-after-fresh-speculation-over-sale\/"},"modified":"2023-06-14T05:47:53","modified_gmt":"2023-06-14T09:47:53","slug":"manchester-united-stock-jumps-after-fresh-speculation-over-sale","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=22404","title":{"rendered":"Manchester United Stock Jumps After Fresh Speculation Over Sale"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000669489\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.66666666666666%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\"><\/div>\n<\/figure><\/div>\n<p>Manchester United shares soared on Tuesday on fresh speculation that the soccer club\u2019s owners were moving forward with a sale.<\/p>\n<p>The stock (ticker: MANU), saw its biggest one-day jump since November, closing up 13.8% to $22.90. Shares have surged more than 23.9% in the past three trading days and are up 26.3% in the past month.\u00a0<\/p>\n<div class=\"paywall\">\n<p>Qatari newspaper Al-Watan <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/al_watanQatar\/status\/1668327577147015207\" target=\"_blank\" class=\"icon none\">tweeted<\/a> Monday night that Qatari banker Sheikh Jassim Bin Hamad Al Thani had won a bid for control of<br \/>\n        Manchester United<span>.<\/span><br \/>\n       Al-Watan reported the news based on unidentified \u201cpress reports,\u201d and said the deal would be announced soon.<\/p>\n<p>A spokesperson for Manchester United declined to comment to <em>Barron\u2019s <\/em> on the club\u2019s possible sale. <\/p>\n<p>Al-Watan\u2019s tweet ignited a media frenzy Monday evening, sparking excitement from fans and prompting a slew of reports from British media outlets.\u00a0<\/p>\n<p>The Glazer family, the American owners of Manchester United, first announced an interest in selling one of the soccer\u2019s most famous sports teams in November 2022, and shares are up nearly 76% since then. <\/p>\n<p>Jassim submitted his fifth and final bid of roughly $6.3 billion for complete ownership of the club earlier this month, according to media reports.  The Glazers have an asking price of $6 billion, according to reports. The Glazers couldn\u2019t immediately be reached for comment.<\/p>\n<p>Write to editors@barrons.com<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/manchester-uniteds-stock-soars-the-move-is-tied-to-latest-speculation-on-who-may-buy-them-a865773d?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manchester United shares soared on Tuesday on fresh speculation that the soccer club\u2019s owners were moving forward with a sale. The stock (ticker: MANU), saw its biggest one-day jump since November, closing up 13.8% to $22.90. Shares have surged more than 23.9% in the past three trading days and are up 26.3% in the past [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-22404","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manchester United Stock Jumps After Fresh Speculation Over Sale | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Manchester United shares soared on Tuesday on fresh speculation that the soccer club\u2019s owners were moving forward with a sale. 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