Details Of Manchester United's Imminent Sale Expected Pre-Q3 Earnings: Implications For Team And Investors
Portfolio Pulse from Anthony Noto
Manchester United PLC (NYSE:MANU) is expected to announce the details of its imminent sale before Q3 earnings on June 27. Sheikh Jassim bin Hamad Al Thani of Qatar is the likely winner of the auction. The club's valuation is expected to be around £6 billion or higher.
June 26, 2023 | 6:00 pm
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Manchester United's sale to Sheikh Jassim bin Hamad Al Thani could bring a fresh start for the club and potentially impact its stock price.
The sale of Manchester United to Sheikh Jassim bin Hamad Al Thani could bring a fresh start for the club, which has been under the Glazer family's ownership since 2005. The change in ownership could potentially impact the stock price of Manchester United PLC (NYSE:MANU) in the short term, but it is uncertain whether the impact will be positive or negative.
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