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Manchester United takeover latest as share price plunges amid sale concerns

Manchester United's owners will be unhappy with the latest news regarding the takeover if they do wish to sell the club.

Over the course of the last few days, reports have questioned whether the Glazers want to accept a bid from either Sheikh Jassim bin Hamad Al-Thani and Sir Jim Ratcliffe. The Daily Mail claimed on Sunday the American family were considering taking the club off the market because an offer in the region of £10bn had not been submitted.

Other reports have since stated the takeover remains on, including from Sky Sports who claim Raine Group have received no suggestion from the Glazers about the sale being off. However, reports from the weekend have done some severe damage to United's share price.

MEN Sport takes a look in the takeover headlines.

According to a report by Proactive Investors, United have seen roughly $750m knocked off their stock market valuation since the Mail's article on Sunday morning. It is understood the Reds' shares lost as much as 19.5 per cent following the weekend's news.

As we have come to expect since November, United's share price tends to rise when it is deemed a takeover is 'close' and it has dropped when it looks like it is off the cards. At the time of writing, the Reds' price on the New York Stock Exchange sat at $19.03 which is an 18.68 per cent decrease.

In a special report from The Athletic, United have responded to accusations of censoring 'Glazers out' chants on their social media profiles. The media outlet issued three examples of instances in matches where these chants were broadcast in the stands but were not picked up on the club's official channels.

When asked about this, the Reds said there is no censorship of fans' chants unless they are deemed offensive. But,

Read more on manchestereveningnews.co.uk
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