Manchester United Sale Put on Hold as Share Price Plummets: Latest News and Updates

2023-09-06 04:39:41

Medallion put on hold as share price plummets, Manchester United wipes $700 million

【Now Sports】Britain’s “Daily Mail” broke the news on Tuesday, saying that the Gaza family, the owner of Manchester United, had put the sale on hold because they could not receive an ideal offer. As soon as the news came out, the market value of Manchester United on the New York Stock Exchange plummeted by more than 700 million US dollars. Manchester United’s stock price plummeted more than 18% before the New York Stock Exchange closed on Tuesday, the largest one-day drop in the club’s 11-year history, evaporating 700 million US dollars, and its market value is now only 3.15 billion US dollars, far lower than the Gaza family’s earlier A $7.5 billion asking price for the sale of the club was demanded.

A consortium led by two potential buyers, Sir Rajeev and Qatar Sheikh Shesham, first proposed a purchase price of 5 billion pounds to the Gaza family, and later tried to increase the offer to 6 billion pounds because the other party was not satisfied. Unfortunately, For many months, no consensus could be reached, and the sale was delayed again and again. At this stage, the “Daily Mail” stated that the Gaza family decided to shelve the sale plan.

However, the football website 90min quoted an anonymous source, saying that the Gaza family is still negotiating with the buyer and has not completely given up the sale.

Since the Gaza family took over Manchester United in 2005, they have been unpopular with the fans, accusing them of transferring a large amount of debt to the club. Therefore, fans often hold anti-Gaza operations, and even had the “Occupy Occupation Occupation” due to the UEFA Premier League incident. Fu” event. Manchester United star Gary Nivelli also bombarded the club owners on social networks a few days ago, saying that they regarded Manchester United as a toy.

1693981880
#Medallion #put #hold #share #price #plummets #Manchester #United #wipes #million

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.