Manchester United’s share price accelerated further on Tuesday after reports from Qatar suggested Sheikh Jassim bin Hamad al-Thani had won the takeover race.
These were later backtracked by the head of the media outlet which broke the speculation but United’s value on the New York Stock Market remained at a lofty level.
At 3pm on Tuesday, prices rose to the highest in a month at $22.96 before ending on a closing price of $22.90, a 13.76 per cent increase from the start of trading hours ($22.33).