Manchester United PLC tumbled over 20% in morning trading.
The Glazer family is going to take the club off the market after failing to receive offers that match their asking price. The family may try to sell the club again in 2025 when improved conditions could attract more bidders. A spokesperson for Manchester United declined to comment on what they called “rumors and speculation,”
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments