Man Utd takeover LIVE: 'New Jim Ratcliffe offer submitted' hours before deadline

Sometimes prolonged selling can cause turmoil in financial markets, but not when it comes to Manchester United.

The Glazers are eagerly awaiting progress by the 9pm deadline, but the club's valuation as a business is still in poor health.

"Manchester United's share price hit $24.02 (£19.56) on Tuesday, up 6% from $22.71 (£18.49) at the start of the week ", says Harry Leyburn, of the investment platform Saxo.

"Last Monday, the company's stock hit its lowest point in 2023 at $19.72 (£16.09), however, booking a place at Wembley in the FA Cup on the pitch, combined to more speculation surrounding the acquisition of the club off the estate has helped to drive up its price in recent days."

Sports Mar 22, 2023 0 38 Add to Reading List

Man Utd takeover LIVE: 'New Jim Ratcliffe offer submitted' hours before deadline

Sometimes prolonged selling can cause turmoil in financial markets, but not when it comes to Manchester United.

The Glazers are eagerly awaiting progress by the 9pm deadline, but the club's valuation as a business is still in poor health.

"Manchester United's share price hit $24.02 (£19.56) on Tuesday, up 6% from $22.71 (£18.49) at the start of the week ", says Harry Leyburn, of the investment platform Saxo.

"Last Monday, the company's stock hit its lowest point in 2023 at $19.72 (£16.09), however, booking a place at Wembley in the FA Cup on the pitch, combined to more speculation surrounding the acquisition of the club off the estate has helped to drive up its price in recent days."