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Manchester United Stock Falls on News British Billionaire Is Close to Buying a Stake

    Shares in Manchester United ([MANU](https://ift.tt/KIBaHm7) fell more than 11% premarket, on disappointment the English Premier League soccer club won’t be bought outright at a premium. Over the weekend, Sheikh Jassim Bin Hamad al-Thani, chairman of Qatar Islamic Bank, withdrew from bidding after failing to agree on valuation with the Glazer family, which controls the club. Instead, the Glazers are [nearing a deal](https://ift.tt/gNXsmec) to sell a minority stake to British billionaire Jim Ratcliffe, people familiar with the matter said.

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