Manchester United To Be Taken Off Sale: Report
Portfolio Pulse from Shivani Kumaresan
Manchester United PLC (NYSE:MANU) owners, the Glazer family, have reportedly decided to take the club off the market due to lack of offers matching their price. The club was valued at $3.9 billion as of September 1, 2023. The family may consider selling again in 2025. MANU shares are currently trading lower by 16.55% at $19.75.
September 05, 2023 | 3:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Manchester United PLC's decision to take the club off the market could impact its share price. The shares are currently trading lower by 16.55%.
The decision to take Manchester United PLC off the market indicates a lack of satisfactory offers, which could be perceived negatively by investors. This could be a contributing factor to the current drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100