Takeover talks sends Man Utd shares soaring

Shares in Manchester United were sent soaring today after fresh takeover speculation was kicked off by the news that Irish racehorse owners JP McManus and John Magnier now own almost a quarter of the club.

The duo are among several potential predators circling the Old Trafford club through their Cubic Expression Company which has built a 23.15% stake, or just over 60.1 million shares.