Man Utd share price jumps as takeover announcement imminent

Football
13 Jun 2023 • 1:03 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Manchester United's share price has risen to its highest level over the past month.

The Red Devils are in the process of being sold by the Glazer family through the Raine Group.

Both Sir Jim Ratcliffe of INEOS and Sheikh Jassim of the Qatari royal family believe their bid will be successful.

United's share price, which went up to more than $20 per share on Monday, jumped a dollar in a day.

The price had gone down to $18 on May 12th, which was a fall from its highest figure for the year of $26.64.

There is expected to be a decision about the club's future in the coming days, per various British media sources.