Business is booming.

Man United's stock market value has rocketed £450M in the last month as investorsd bet on a takeover

Man United’s stock market value has risen £450m in the past month as investors rave about the team’s return and bet on a takeover, after Sir Jim Radcliffe said he was interested in buying his youth club

  • The price of the Man United share on the New York Stock Exchange has risen almost 30 percent
  • The increase reflects improved sports performance after four consecutive wins
  • But financial experts say stocks attract buyers who bet on a takeover
  • If United were sold, its share price is expected to nearly double to $25

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Exciting transfers, success on the pitch and investors hoping for a takeover have added £450 million to Manchester United’s value in a month.

The club’s shares, listed on the New York Stock Exchange, have steadily risen in price after falling sharply at the end of last season, when United recorded their worst Premier League result.

After that, the club dropped to seventh place, with just 57 points. However, after a shaky start, with the Red Devils losing at home to Brighton before being thrashed at Brentford, their performances and prospects have improved under new manager Erik Ten Hag.

Manchester United are back in shape with four consecutive wins in the past month

Manchester United are back in shape with four consecutive wins in the past month

United are now on a string of four consecutive wins with their new signings Lisandro Martinez, Tyrell Malacia, Antony and Casemiro all making a positive impact.

Players and fans are back in faith as United begin their Europa League campaign against Real Sociedad tonight. And the feel-good factor has spread beyond the dressing room and Old Trafford to investors, who have discovered a newfound desire for the club’s shares.

Yesterday, United’s shares closed at $14.56, up from $11.39 on Aug. 9, up 28 percent.

While success on the pitch can whet the appetite of potential buyers, rumors of a takeover are also driving demand for shares, said football finance expert Kieran Maguire.

Improved performance and rumors of a takeover have fans and investors excited

Improved performance and rumors of a takeover have fans and investors excited

Improved performance and rumors of a takeover have fans and investors excited

United fans continue to protest current owners, the Glazer family

United fans continue to protest current owners, the Glazer family

United fans continue to protest current owners, the Glazer family

“It is an increase in the value of the club as far as the market is concerned. Some people are buying into Manchester United shares on a speculative basis because they think there is going to be an offer,” Maguire said. Sports post.

In mid-August, Sir Jim Ratcliffe, Britain’s richest man and a lifelong United fan, excited fans by telling The Times that he was interested in buying the club.

Supporters, who routinely protest the current owners, the Glazer family, over the club’s management and continuing debts, were delighted and hoped for a change of ownership.

However, Maguire said the rising value of United’s shares did not indicate that hopes would be realized.

Erik ten Hag has stabilized the ship at Old Trafford with a pragmatic approach that works

Erik ten Hag has stabilized the ship at Old Trafford with a pragmatic approach that works

Erik ten Hag has stabilized the ship at Old Trafford with a pragmatic approach that works

A large number of new signings, including the Brazilian winger Antony of Ajax, have an impact

A large number of new signings, including the Brazilian winger Antony of Ajax, have an impact

A large number of new signings, including the Brazilian winger Antony of Ajax, have an impact

“The fact that the share price has only risen to just over $14 shows there isn’t much credibility in those rumours,” said the University of Liverpool expert.

Based on the fact that United would be sold for about $4 billion, Maguire said the share price was expected to hit around $25 before a sale, meaning those weeks bought would make a tidy profit .

“We’re still a long way from that and there’s no indication that the Glazers want to sell, or that anyone is willing to buy,” Maguire warned.

“People buy more on rumors and gossip than on anything concrete. What we’re seeing right now is a lot of speculative buying for $12 or $13 in the hope that someone will come up with an offer, but there’s no evidence to back that up.”


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