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The price of Manchester United has fallen by over one billion




The price of Manchester United has fallen by more than a billion just at the beginning of this week, informed the "Daily Mail" this morning. It is surprising news in the wake of the club's share price rise over the past ten days, as well as Sunday's League Cup final win.

This collapse of the "red devils" on the world stock markets on Monday is due to the information that appeared that the owners from the Glazer family are not satisfied with the initial offers received and are considering the possibility of giving up the complete sale of the club and attracting only minority investors. This obviously does not sit well not only with the fans, who have been protesting against the Americans for years, but also with the world's financial markets.

The publication adds that, however, Reign Group, the investment bank behind the sale of the club, will this week contact those who submitted formal bids and inform them that they are not satisfied with the size of the initial offer, but will proceed with second stage of negotiations.

Qatari Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe were considered favorites in the race. The information says that their offers so far are between four and four and a half billion pounds, and the Glazers expect a minimum of five to agree to a separation.

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