United fans confident of stopping Glazer

SHAREHOLDERS United believe they will know “within three weeks” whether their £100 million plan to stop Malcolm Glazer’s Manchester United takeover has been successful.

United fans confident of stopping Glazer

After agreeing the outline of a funding package with Japanese investment bank Nomura which offers the possibility of a pound-for-pound loan on cash pledged to leveraged investment trust, SU will this week contact all 7,000 fans who own in excess of 1,000 shares in the Old Trafford outfit.

Once that process is underway, celebrity and other wealthy supporters will be asked whether they will pledge cash to the scheme, which organisers feel is capable of securing a minimum 10% stake in the Red Devils.

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