Glazer edges towards 75% mark

Malcolm Glazer was on the brink of taking Manchester United private tonight after it was confirmed he controlled 74.81% of the club's shares.

US tycoon Malcolm Glazer was on the brink of taking Manchester United private tonight after it emerged he had control of 74.81% of the club’s shares.

Mr Glazer’s advisers have been buying shares all day and they now require a fraction more stock to go beyond the crucial threshold of 75%, meaning the tycoon has complete control over the running of the company.