TIMELINE - A short history of Manchester United's ownership

The popular but underperforming club is no stranger to ownership tussles and the rough and tumble of financial markets.

The club's New York-listed shares jumped as much as 19% after Sky News reported the plans on Tuesday, now valuing the club at $2.46 billion.

Here are some financial milestones from the club's history:

** Nov. 22, 2022 - The club says the Glazer family is working with financial advisers on a process that could lead to a partial sale or investments including stadium and infrastructure redevelopment.

** Aug. 17, 2022 - British billionaire Jim Ratcliffe is interested in buying the club, a source tells Reuters.

** Aug. 16, 2022 - Elon Musk tweets: "I'm buying Manchester United ur welcome," before later explaining it was a joke.

** 2021 - Britain's Daily Mirror reports the Glazers, facing growing fan discontent, were prepared to sell for offers in excess of 4 billion pounds ($4.8 billion).

** 2012 - Lists on the New York Stock Exchange, raising about $233 million for a valuation of $2.3 billion

** 2011 - Club mulls stock market listings in Hong Kong or Singapore, but puts plans on hold amid market turmoil

** 2005 - Glazer family wins control with a leveraged buyout that valued the club at 790 million pounds.

** 2003 - U.S. sports tycoon Malcolm Glazer begins building a stake.

** 2001 - Irish racing magnates J.P. McManus and John Magnier creep up the register.

** 2000 - London shares touch record high of 450p as club enjoys on-field success and amid ownership speculation.

** 1999 - British government blocks a takeover bid from Rupert Murdoch-controlled BSkyB. BSkyB starts cutting its stake.

** 1991 - Floated on the London Stock Exchange.

** 1989 - Property developer Michael Knighton makes an ultimately failed takeover attempt.

** 1984 - Louis Edwards' son Martin rejects takeover bid from publishing tycoon Robert Maxwell.

** 1958 - Manchester butcher Louis Edwards finances the club's rebuild after the Munich air crash. Takes a controlling interest in 1964.

** 1931 - James W. Gibson, a uniform manufacturer, takes over a club struggling in the Great Depression. Retains control until his death two decades later.

** 1902 - Club issued with a winding up order. Four local businessmen, including brewer John Henry Davies, invest and change name to Manchester United.

** 1892 - Club becomes a Limited Company.

** 1878 - Founded as Newton Heath LYR Football Club, funded by Lancashire and Yorkshire Railway.