Glazer ups Man Utd share to 16%

FRENETIC trading in Manchester United shares continued yesterday with US billionaire Malcolm Glazer raising his share in the club to just over 16%.

The move comes a day after Irish pair John Magnier and JP McManus cemented their position as the club’s largest shareholders by raising their stake to 28.89%.

Mr Glazer paid €20 million for the 2.06% increase in his stake and will add to the feverish speculation that the club will be taken over.