Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club.
Soccer Football - FA Cup Final - Preview - Manchester City v Manchester United - Old Trafford, Manchester, Britain - June 2, 2023 General view outside Old Trafford ahead of the FA Cup Final REUTERS/Molly Darlington/File Photojumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club.
Qatar's Al-Watan newspaper reported on Tuesday that Sheikh Jassim, son of a former prime minister of the country, was poised to be announced as the preferred bidder of the Premier League soccer club, CNBC said. Reuters could not immediately verify the Qatari media report. Manchester United declined a Reuters request for comment.
UK's Daily Mail reported last week that Sheikh Jassim had made a "fifth and final" offer of more than 5 billion pounds after British billionaire Jim Ratcliffe's INEOS reportedly
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