Man United's price remains higher than pre-sale-announcement levels but this could all soon change.
The New York Stock Exchange closed on Friday with the value at $19.98 almost 24 hours before Al-Thani axed his 100 per cent bid for the club. The price had been finding its median all week having risen by five per cent since last Monday.
Upon the Sheikh officially entering the takeover race back in February, the share price flew up, eventually peaking at $26.84 with Sir Jim Ratcliffe’s confirmed bid adding momentum. It is expected that traders will act conversely now that the Qatari's offer is off the table. He had pledged to wipe clear the debts amassed by the Glazers and invest in infrastructure, including in the women’s and youth teams. The bid appeared to be the most popular among supporters.
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