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manchester-united-in60-3.jpg Jun 13

Shares Of Manchester United Pop 12% After Qatar Media Hints At Takeover Bid ‘Success'

  • Qatar’s Al-Watan newspaper reported Tuesday evening that Sheikh Jassim, a son of the country’s former prime minister, is poised to be announced as the preferred bidder of the Premier League soccer club.
  • A spokesperson for Manchester United declined to comment when contacted by CNBC.
  • The reports come after seven months of negotiations, with British petrochemicals billionaire Jim Ratcliffe also in talks to buy the club.