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Manchester United's share price fell the most in a single day in history, because of an inaccurate report...

author:Red Star News

In the last round of the Premier League, Manchester United were defeated by Arsenal 1-3 away from home, and after the start of the new Premier League season, Manchester United only achieved 2 wins and 2 losses, and is currently only ranked 11th in the Premier League, with a dismal performance, but what is worse than Manchester United's record is their share price...

Manchester United's share price fell the most in a single day in history, because of an inaccurate report...

In the fourth round of the 23/24 Premier League, Manchester United lost 3-1 to Arsenal According to IC photo

According to British media reports, the market value of Manchester United club plunged 550 million pounds yesterday, creating a historical record, local time on September 5, Manchester United's stock price once fell 21%, the latest decline was 18%, the market value decreased by more than 550 million pounds, and this is also the largest one-day decline in the history of Manchester United club since its listing for 11 years. Media analysis believes that this is the market's reaction to reports that Glazer will not sell Manchester United, after the Post reported that the Glazer family is no longer listed for sale Manchester United, hoping to attract more buyers when it is sold again in 2025, they hope to sell 7 billion pounds to 10 billion pounds by then, while the two bidders of Britain's Ratcliffe and Qatar's Jassim were only bidding around 5 billion pounds, and the gap between the two sides was too large.

Manchester United's share price fell the most in a single day in history, because of an inaccurate report...

Media analysis Manchester United shares fell

But on September 6, things turned around. According to the Yangcheng Evening News, the Post reversed previous reports, revealing that Manchester United's sale talks are still ongoing, and neither the two bidders, Ratcliffe and Jassim, have been notified of Manchester United's cessation of the sale, and according to sources familiar with the process, nothing has changed and negotiations are continuing. The Glazer family announced in November last year that they would explore investment options, including a sale, but 10 months have passed, the sale has not yet been completed, and the Glazer family has been opposed by the vast majority of Manchester United fans. It is reported that both Ratcliffe and Jassim have expressed disappointment with the Glazer family's position, and Jassim's team even bypassed the US commercial bank Rennes Group, which is responsible for the sales process, to directly negotiate with the Glazer family, but the bidding negotiations have not made any progress.

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Manchester United's share price fell the most in a single day in history, because of an inaccurate report...

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