Manchester United stock price drops as takeover saga drags on

Manchester United’s current share price on the New York Stock Exchange has suffered a dip today.

The stock has dropped by 2.62 per cent to $23.54.

On Sunday, United’s stock priced closed at $24.17. It’s not usually a huge indicator about the likelihood of a takeover, but the stock price normally rises when an acquisition has become more likely.

The progress has been ongoing for either months.

Maybe the stare price dropping significantly today could symbolise a deal being less likely. Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe are seen as the frontrunners in the race for United.

There is no indication from either side as to whether the United takeovers close to being completed or is on the verge of collapsing.

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