Billionaire increases stake in Man Utd

AMERICAN football tycoon Malcolm Glazer has increased his stake in Manchester United, prompting increased speculation of an imminent takeover.

Billionaire increases stake in Man Utd
Tue, 02 Dec, 2003 - 00:00

Mr Glazer, who owns Super Bowl champions Tampa Bay Buccaneers, has steadily increased his stake in the Barclaycard Premiership champions recently, while Irish racing duo John Magnier and JP McManus have also upped their involvement.

Mr Glazer now owns over 37 million shares in Manchester United Plc, which gives him a 14.31% stake.

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CourtsPlace: RussiaPlace: LondonPerson: Malcolm GlazerPerson: GlazerPerson: John MagnierPerson: JP McManusPerson: David GillPerson: McManusPerson: MagnierPerson: GillPerson: Roman AbramovichEvent: Super BowlEvent: Barclaycard PremiershipOrganisation: Man UtdOrganisation: Manchester UnitedOrganisation: Tampa Bay BuccaneersOrganisation: Manchester United PLCOrganisation: Vodafone Group PLCOrganisation: Cubic ExpressionOrganisation: UnitedOrganisation: Commerzbank AGOrganisation: First Allied CorpOrganisation: ForbesOrganisation: Glazer
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