Manchester Utd to face sanctions if shareholder concerns not allayed

Manchester United PLC's board must satisfy the corporate governance concerns of its largest shareholders, John Magnier and JP McManus, or face possible sanctions, including the requisitioning of an extraordinary general meeting.

Reports say that Magnier and McManus' Cubic Expression vehicle, which holds a 25.4%s take in the Premier League football club, has been in correspondence with the board since before Christmas, inquiring about corporate governance issues.