Glazer news ups United shares 5%

SHARES in Manchester United leapt by nearly 5% yesterday following confirmation Malcolm Glazer is making a third attempt to buy the former Premier League champions.

The club said yesterday morning the Glazer family had handed in a detailed takeover proposal, though it did not disclose the potential price of any new bid.

Manchester United told Mr Glazer before Christmas, the owner of the American football team Tampa Bay Buccaneers, they would not deal with him, the club's second largest shareholder, until he revised his bid.