Sunday , April 14 2024

Manchester United share price rockets with Qatar group poised to bid for the club

Spread the love

MANCHESTER UNITED’s share price rocketed amid news that a Qatar group is poised to bid for the club.

The Glazers revealed in November that they were willing to listen to offers for either a stake in the Premier League giants or an outright purchase.

A number of parties have expressed an interest in buying United, which could be purchased for a world-record price for a sports franchise at close to, or above, £6billion.

Interest comes from the Far East, Middle East and United States with Raines Group, the merchant bank, tasked with the sale.

British billionaire Sir Jim Ratcliffe, who happens to be a Man Utd fan, is also keen.

But according to the Daily Mail, a Qatar-based investment group will make a “huge bid” for United.

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

Check Also

Mikel Arteta ready to turn his back on Arsenal star he promised to “cook slowly”

Spread the loveArsenal are preparing to part ways with young star Charlie Patino this summer, despite the midfielder …

Leave a Reply

Your email address will not be published. Required fields are marked *