EXCL: Man Utd shares collapse, Newcastle could make special exception for Bruno Guimaraes deal, plus what John Terry might've meant with cryptic Mason Mount claim
This week's exclusive deep dive into the biggest headlines and transfer stories.
Latest on Man Utd shares collapse and takeover delay
Manchester United shares suffered a record single-day fall last week after a report claimed the Glazers had decided not to sell the club and would instead put it back on the market in 2025.
Shares closed last Tuesday (September 5) at $19.35 (£15.40), down 18.2% for the day. And at one point the drop was as steep as 21%. The market value of the club fell by over £550m.
However, we can't read too much into this. It was simply the market reacting to the latest report. We have seen this countless times during the process, including when other reports suggested Sheikh Jassim's Nine Two Foundation were negotiating for exclusivity.
My understanding remains that the sale process has not ended or been paused. Multiple parties remain in active negotiations with Raine Group, who are running the process.
A 'no sale' has always been one possibility. Sources close to Sheikh Jassim have indicated for some time that this scenario feels more of a threat to them than Sir Jim Ratcliffe's bid. Ratcliffe also remains in the process, though.
Ultimately, the Glazers are just slow and meticulous decision makers. Plus, we mustn't forget that there are six of them. They remain determined sellers, but only at the right price. Failure to get it and it is normal for divisions to appear amongst the siblings as to the best approach.