Sport

Rumoured Qatari buyout of Man Utd sees transfer speculation reach Wall Street

The Premier League football club is the subject of rumour after a tweet saying a bid from a Qatari businessman had been ‘successful’ sent its share price soaring

Huge fan base: tickets for Manchester United’s friendly against Athletic Bilbao at the Aviva Stadium in August selling out in a matter of hours last week

The summer months are always dogged by transfer speculation and chatter about which players are really worth the price tags attached to them, but this year the speculation is reaching Wall Street.

Last Tuesday, Manchester United Plc shares surged after a tweet from a Qatari newspaper spurred speculation that the Premier League football club is closer to being sold.

The stock, which is listed in New York, soared by 15 per cent, the biggest one-day ...