Manchester United’s share price dipped to $21.82 on Monday, the lowest in a week, before shooting back up.
The club’s price rebounded to $22.35 on the New York Stock Exchange at the end of trading hours, although it still dropped 1.11% from Friday’s $22.60 closing level.
After the valuation rose to a three-month high of $24.81 eleven days ago following claims Sheikh Jassim bin Hamad Al Thani was nearing exclusivity talks, the share price has been slowly drifting off again.
Sir Jim Ratcliffe is the other leading bidder and it was briefed for months that INEOS were confident about doing a deal with the Glazer family.
Only time will tell…
Fans are becoming more impatient with the Glazer family, who they’ve never wanted as owners in the first place. The club has been listed for sale for eight months and nobody at Old Trafford has been given clarity over the situation.
Not even Erik ten Hag, and the manager is trying to assemble a stronger squad ahead of next season when United will be competing in the Champions League.
Get the latest Manchester United news, opinion, interviews and exclusive features with the Stretty Newsletter – Ad Free! Kick off your afternoon with the Stretty News verdict on all matters Manchester United.
