Ratcliffe interest adds £200M to Man Utd share value in a week

Business & Finance
19 Aug 2022 • 12:02 AM 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 on the New York Stock Exchange (NYSE) has skyrocketed amid Sir Jim Ratcliffe confirming buying interest.

The Glazer family finally indicated that they could sell a stake in the Red Devils this week, leading to Ratcliffe's interest emerging.

The British billionaire's potential involvement has hugely affected United's share price on the NYSE, seeing it rise to $13.77 (£11.47) - a 15 per cent higher sum than last week.

According to the Times' Martyn Ziegler, this rise has seen shares become worth £200million more than at this time last week.

Shares in United on the NYSE cost $11.35 (£9.46) on August 9 - 21 per cent less than they cost today.