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Daily Mirror

Sport

Tom Blow

Man Utd's share price spikes to highest price in month as takeover nears

Jassim Bin Hamad Al Thani Hamad bin Jassim bin Jaber Al Thani Jim Ratcliffe Glazers Manchester United Ineos Qatar Ten Hag EPL Old Trafford

Manchester United's share price rose by more than 17 per cent after rumours of a takeover resolution emerged on Monday night.

According to reports in Qatar, Sheikh Jassim bin Hamad Al Thani has been successful with his bid to purchase the club from current owners the Glazers, beating competition from INEOS chief Sir Jim Ratcliffe. United are yet to comment on the speculation.

Both Sheikh Jassim and Ratcliffe have submitted several bids for United, with the Qatari banker tabling an improved offer in recent days. United are expected to provide an update on the takeover saga, which started seven months ago, in the coming days.

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