Glazer’s guessing game as United fans plan court action
Shareholders had until 3pm yesterday to accept the Glazer family's 300p a share offer, although one report said the US party already had about 92% of shares enough to compulsorily purchase the rest if they wished.
It is expected the family's Red Football investment vehicle will announce today how much equity it owns. The last update from Red Football showed ownership of more than 76%, although this was before the posting of a formal offer document and a subsequent recommendation from the United board that investors sell their shares.