Manchester United’s stock slips as takeover saga rumbles on

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Manchester United’s stock slips as takeover saga rumbles on
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Saturday’s FA Cup final defeat against Manchester City marked the end of Manchester United’s season.

Manchester United’s stock fell Monday as a protracted takeover battle for the iconic English soccer club rumbled into its eighth month.

Shares of operator Manchester United Ltd. MANU ended Monday’s session down 4.1%, compared with S&P 500’s SPX decline of 0.2%. The Mirror reported Saturday that Manchester United manager Erik Ten Hag “will be given a clearer picture” of whether the Glazers will sell the club or remain in charge “over the coming days.”Manchester United co-owner Avram Glazer did not respond to questions on the takeover from Sky Sports at the FA Cup final.Fans are eager to see how any takeover developments will affect Manchester United’s ability to make key signings during the coming months.

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