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Manchester Evening News
Manchester Evening News
Sport
Alex James

Manchester United share price spikes with potential takeover resolution on the horizon

Manchester United's share price has risen to its highest price in a month amid a potential takeover resolution.

The Reds have been on the market since November when the Glazer Family announced a prospective sale. Two leading bidders emerged in Sheikh Jassim and Sir Jim Ratcliffe. Both put in a series of bids but, seven months on, there has yet to be a resolution.

Sheikh Jassim put in an improved bid in the past few days which is reported to be around £5billion but with the promise of £1bn in investment. That offer is for total control at Old Trafford while Ratcliffe's proposal is understood to be around for 60 per cent of the club and with the option that members of the Glazer Family could remain involved.

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