Manchester United shares rise after talks of Class of '92 takeover

Manchester United’s shares rose by £80million moments after reports emerged yesterday that David Beckham and his Class of ‘92 that included former teammates Ryan Giggs, Gary Neville, Paul Scholes, Nicky Butt and Phil Neville, were in talks to buyout the club with the help of the Qatari royal family.

David Beckham was said to be leading Man United’s takeover

United however rubbished the reported $3 billion takeover bid claiming they were unaware of any takeover bids and that that, in any event, the current owners, the US-based Glazer family, had no interest at all in selling the club. However, Giggs, Scholes, Butt and the Neville brothers bought out non-league club Salford, near Manchester, yesterday.

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