Manchester United share price rises after Premier League approves Sir Jim Ratcliffe deal

Manchester United’s share price on the New York Stock Exchange rose by almost 9% on Tuesday after the Premier League approved Sir Jim Ratcliffe’s minority investment.

The value stood at $21.05 when the market opened and initially dipped before reaching as high as $21.55 after the announcement.

A formal announcement is expected once the deal is fully completed later this week.

The price finished on $21.31.

Ratcliffe has now passed the FA’s Owners’ & Directors’ Test so there shouldn’t be anymore delays.

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