'Manchester United Shares Up 10% But Qataris Still Waiting On Exclusivity' - SkySports
Portfolio Pulse from Benzinga Newsdesk
Manchester United's share price increased by 10% following a report that the club is negotiating granting exclusivity to Sheikh Jassim, who has made five bids valuing the club at up to £6bn. No exclusivity has been granted yet, and the Glazer family views Sheikh Jassim's bid more favorably than a rival offer from British billionaire Jim Ratcliffe.
June 15, 2023 | 4:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Manchester United's share price increased by 10% due to negotiations with Sheikh Jassim for exclusivity, potentially valuing the club at up to £6bn.
The share price increase is directly related to the news of Manchester United negotiating exclusivity with Sheikh Jassim. The potential deal could value the club at up to £6bn, which is a significant amount and could have a positive impact on the stock price in the short term. The Glazer family's preference for Sheikh Jassim's bid over Jim Ratcliffe's also adds to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100