Back to the Manchester United Newsfeed

Is THIS the sign the Man United takeover is imminent? Club's share price on New York's Stock Exchange rockets by 17% - its highest price in a month - amid report Qatari bid has been successful

Manchester United shares soared by 17 per cent in after hours trading on New York's Stock Exchange on Monday night, potentially signalling imminent confirmation of a Qatari takeover.

There are two bids on the table to buy the Premier League side - one from British billionaire Sir Jim Ratcliffe and the other from Sheikh Jassim of Qatar.

United's share price - which was around $12 back in November when the Glazer family announced it was to be put up for sale - is always closely monitored and a sudden spike to $23.60 caught the eye.