Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to remain as owners of the British soccer club.
Soccer Football - Europa League - Play-Off Second Leg - Manchester United v FC Barcelona - Old Trafford, Manchester, Britain - February 23, 2023 General view of a corner flag inside the stadium before the match REUTERS/Carl Recine/File Photofell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to remain as owners of the British soccer club.
The family also expects the investment to help them double the value of the club over the next 10 years, ESPNThe Glazers began looking at options including new investment or a potential sale of the club in November, 17 years after they bought the 20-time English champions for 790 million pounds .
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