After rumors that a Qatari consortium will soon announce a successful takeover of Manchester United, stimulating the United shares listed on the New York Stock Exchange in the U.S. on Tuesday (13) surged nearly 14% local time, since the Glasha family announced plans to sell the Red Devils in November last year, the United shares have accumulated nearly doubled, with a number of shareholders to make a lot of money.
Qatari official two Sheikh Al-Thani and British tycoon Ratcliffe, after five rounds of bidding, the Qatari media "Al-Watan" suddenly broke the news that Sheikh Al-Thani has won and is about to complete the acquisition of the Red Devils, because "Al-Watan" belongs to Sheikh Al-Thani's father's company, the news is considered reliable, which stimulated the Manchester United shares rose sharply in pre-market trading, rose more than 30%. The result was a sharp rise in United's share price, which rose by more than 30% in pre-market trading, and then by 13.76% after the opening of the market.
Before the Glasha family announced the sale of the Red Devils in November last year, Manchester United's share price was only about 12 U.S. dollars per share, but the closing price on Tuesday, U.S. time (13th) has reached 22.9 U.S. dollars, an increase of nearly one times, with a market value of more than 3.7 billion U.S. dollars (about 29 billion U.S. dollars). Sheikh Al-Thani through its 92 funds to buy Manchester United, it is reported that the bid of 6.3 billion U.S. dollars (about 49.3 billion Hong Kong dollars), in other words, the current share price is still a considerable discount, once the sale is successful, at any time, it will be another big rise.