Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club.
Soccer Football - Europa League - Play-Off Second Leg - Manchester United v FC Barcelona - Old Trafford, Manchester, Britain - February 23, 2023 General view of a corner flag inside the stadium before the match REUTERS/Carl Recine/File Photofell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club.
The family also expects the investment to help them double the value of the club over the next 10 years, ESPNThe English soccer club's stock fell to $18.91, its lowest since late November, when the Glazers had started weighing options including new investment or a potential sale for the 20-time English champions that they bought 17 years ago for 790 million pounds .A small portion of the club's shares is listed on the New York Stock Exchange. The market capitalization was about $3.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Manchester United tanks on report that Glazers scrapped sale planShares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to remain as owners of the British soccer club.
Read more »
Manchester United beat Brighton to reach Women's FA Cup finalManchester United bounced back from conceding a first-half own goal to snatch a thrilling 3-2 win over Brighton & Hove Albion on Saturday and book their spot in the Women's FA Cup final at Wembley, where they will face Chelsea or Aston Villa next month.
Read more »
Carlyle Group is bidding for a stake in Manchester United, report saysPrivate equity giant Carlyle is bidding for a stake in Manchester United, report says
Read more »
Coachella 2023: Juliet Mendoza shares what its like to be one of the opening actsThe Los Angeles DJ was one of the first artists to perform on the first day of the Coachella Valley Music and Arts Festival in Indio on Friday, April 14 and she’ll be back Friday, April 21 fo…
Read more »
Giants pitcher and Kings fan Logan Webb shares his thoughts on series with WarriorsGiants right-hander Logan Webb pledged his allegiance to the Sacramento Kings before the NorCal first-round series.
Read more »