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Manchester United share price crashes by £500m after report Glazers may not sell
Manchester United share price crashes by £500m after report Glazers may not sell
Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-06 15:49
Whyte's 'adverse' doping test forces cancellation of Joshua bout
Whyte's 'adverse' doping test forces cancellation of Joshua bout
Dillian Whyte's "adverse analytical findings" from a random anti-doping test have prompted the cancellation of his heavyweight...
2023-08-05 21:19
Questionable decisions by Bears coaching staff play a role in heartbreaking loss to Broncos
Questionable decisions by Bears coaching staff play a role in heartbreaking loss to Broncos
Bears coach Matt Eberflus praised his team’s passion and energy
2023-10-02 07:20
Tommy DeVito's Dad Couldn't Believe Giants Fourth Down Play Call
Tommy DeVito's Dad Couldn't Believe Giants Fourth Down Play Call
Tommy DeVito's dad couldn't believe the Giants' play-calling.
2023-11-13 07:20
Football rumours: Real Madrid tracking Liverpool defender Andy Robertson
Football rumours: Real Madrid tracking Liverpool defender Andy Robertson
What the papers say Liverpool defender Andy Robertson has reportedly made it onto Real Madrid’s transfer radar. According to the Daily Mail, the 29-year-old Scotland captain is viewed by the LaLiga club as a potential replacement for injury-plagued defender Ferland Mendy. However, Robertson is contracted to Liverpool until 2026 and has shown no intention of leaving. Meanwhile, the Daily Mirror reports Arsenal are prepared to move mountains in order to fuel their transfer capital. The paper says Gunners bosses are willing to sell as many as eight players to raise funds for their summer transfer pursuits, which includes Leicester’s James Maddison and West Ham’s Declan Rice. Ajax forward Mohammed Kudus is eager to part ways with the Dutch club, according to The Sun. Citing De Telegraaf, the paper says the 22-year-old is ready for a change of scenery, with Manchester United, Arsenal and Newcastle all believed to be interested in the Ghana international. And The Guardian reports Tottenham are considering approaching Feyenoord boss Arne Slot to take over as Spurs manager. Social media round-up Players to watch Ilkay Gundogan: ESPN says Arsenal are interested in a move for the Manchester City midfielder. Julian Alvarez: Bayern Munich view the Manchester City forward as a summer transfer target, reports Bild. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-05-24 14:55
Steelers legend is big mad about Trevor Lawrence disrespecting Pittsburgh fan tradition
Steelers legend is big mad about Trevor Lawrence disrespecting Pittsburgh fan tradition
Bill Cowher cannot believe that Jacksonville Jaguars quarterback Trevor Lawrence didn't see the importance in the Pittsburgh Steelers' Terrible Towel. Here is what they had to say about all that.
2023-10-27 22:45
In the paint and beyond the arc: Behind the scenes of Chicago’s elite 50-and-Over basketball community
In the paint and beyond the arc: Behind the scenes of Chicago’s elite 50-and-Over basketball community
These men playing basketball in this basketball city every weekend in one of the city’s most impoverished neighborhoods, is a testament to community, competition and love.
2023-08-29 01:29
Swimming-French torpedo Marchand smashes Phelps' 15-year record at worlds
Swimming-French torpedo Marchand smashes Phelps' 15-year record at worlds
FUKUOKA, Japan (Reuters) -French youngster Leon Marchand produced a dazzling performance to shatter American great Michael Phelps' long-standing 400 metres
2023-07-24 01:53
Did Georgia get screwed by refs on suspect Alabama fourth-down conversion?
Did Georgia get screwed by refs on suspect Alabama fourth-down conversion?
A controversial play in the SEC Championship Game between Alabama and Georgia won't make Bulldog fans happy.
2023-12-03 07:29
Tua Tagovailoa trying to 'work on everything' entering 4th NFL season
Tua Tagovailoa trying to 'work on everything' entering 4th NFL season
Miami Dolphins coach Mike McDaniel wanted to see a “graduation” from Tua Tagovailoa entering his fourth year in the NFL and second in McDaniel’s system
2023-06-08 03:49
Ronald Acuña Jr. gets drunk off boos from Phillies fans amid Braves NL East celebration
Ronald Acuña Jr. gets drunk off boos from Phillies fans amid Braves NL East celebration
Ronald Acuña couldn't get enough of the boos from Phillies fans during the Atlanta Braves NL East championship celebration.
2023-09-14 10:16
Football rumours: Arsenal hoping third bid enough to secure Declan Rice
Football rumours: Arsenal hoping third bid enough to secure Declan Rice
What the papers say Arsenal have entered their third bid, worth £105million for West Ham star Declan Rice after Manchester City had a bid rejected at £90million, the Guardian said. West Ham will reportedly wait for Manchester City to submit another offer on Wednesday. Bayern Munich’s first bid of around £60million plus add-ons for Harry Kane has been deemed too low by Tottenham, the Guardian reported. The club are demanding £100million for the England and Tottenham captain, who is said to be keen to move to the club. Inter Milan are looking to acquire Chelsea’s Romelu Lukaku on loan again next season with an £25million option to buy him at the end of the year, the Telegraph said. Social media round-up Players to watch Kylian Mbappe: Liverpool are set to rival Real Madrid and reach Paris St. Germain’s mammoth transfer fee of £258million for the French superstar, according to Marca. Frenkie de Jong: Manchester United and Bayern Munich are both interested in signing the 26-year-old Barcelona midfielder, 90min reported.
2023-06-28 14:59