Manchester United share price rises following rumours of Sheikh Jassim's takeover bid being accepted
Published July 12, 2023, 10:20 p.m. by Bethany
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Shares in Manchester United have risen following rumours coming from qatar publication Al-Watan which suggested that Sheikh Jassim's bid to takeover the club had been accepted.
Sky Sports news Chief reporter Kaveh Solhekol spoke about the story and what the current situation with the takeover bids from Sheikh Jassim and Sir Jim Ratcliffe are.
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foreign
Manchester United and the Takeover which
has been rumbling on for what seven
months now now last night just before I
went to bed I was scrolling through
social media which you shouldn't do late
at night but I was and there was the
story about Manchester United and this
takeover being done and that in the
Qatar and shakes are seem had got his
God his way goddess Club
is that the case no I mean this is like
a classic 2023 social media story
because
when you were in bed last night reading
those reports those reports were coming
from a media company in Qatar called Al
watan and the reason everybody was
getting excited is that supposedly
our watan one of the owners of this
Media company was Sheikh just Sims
father now this morning our watan have
been on social media to say whoa whoa
whoa people are getting the wrong end of
the stick one
Sheikh just seems father is not
connected with us in any way at all he
doesn't own shares in our watan and
secondly what we reported yesterday was
not an exclusive we would just
repackaging would have been reported in
the European media so complicated
picture but basically he's one of those
social media stories that has gone round
and around there doesn't seem to be much
substance behind it what there is some
substance behind though is the fact that
Manchester United's share price in the
past five days has gone up something
like 11 it is now around 20 on the New
York Stock Exchange and the reason it's
gone up is because people are
anticipating that the glazes are going
to sell the club uh to shake Jason but
the latest information we have is that
nothing has changed as far as the two
camps who are trying to sign United uh
Jim Ratcliffe and Shake just Sim no
updates they have not been told anything
new as of 10 past two on Tuesday but
bear in mind though I think New York is
what five hours behind us so there may
be developments if there are going to be
developments today I would expect them
to be later in the day
foreign
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