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Manchester United shareholders may have scored after all
Manchester United shareholders may have scored after all
Updated October 18, 2023 at 5:43 p.m. ET
Manchester United shareholders behave like disheartened soccer fans after video refereeing technology disallows a goal. However, they could still win the match.
The British football club’s publicly traded Class A shares have lost around 10% of their value since the weekend, when it was widely reported that the British billionaire Jim Ratcliffe is in talks to acquire a 25% stake through its petrochemical company Ineos. The other bidder, Sheikh Jassim Bin Hamad al-Thani, chairman of the Qatar Islamic Bank, dropped out.
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