Manchester United is no longer for sale, the club loses 18% in the stock market in a few days

Illustrative photo

Manchester United's stock market falls after rumors that the club is no longer for sale. Just yesterday, Red Devils shares lost 18% after falling another 21%. For the Premier League club, which has been listed on the stock market since 2012, this is the worst ever result in 11 years.

Since it turned into a joint-stock company, Manchester recognizes losses worth close to 700 million euros. According to rumors circulating in recent weeks, the Glazer family, who have owned the club for 16 years, have decided to withdraw United from the market, as they are unhappy with the offers received. 

For sale since last November, the Old Trafford club has attracted the attention of Qatari sheikh Jassim and English millionaire Sir Jim Ratcliffe, both of whom have rejected the demands of the Glazer family, despite offers of up to £6bn.

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