Manchester United Ends Talks With Glazer on Takeover Offer
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Manchester United Plc, the world&#39;s biggest soccer club by revenue, ended talks with US billionaire Malcolm Glazer about a possible takeover offer.
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The British soccer club Manchester United said on Monday that it had received a preliminary takeover offer, which one person close to the talks said was from the owner of the Tampa Bay Buccaneers, Malcolm Glazer.
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Manchester United broke off talks Monday with American businessman Malcolm Glazer over a possible takeover of the soccer club, saying his bid relied too heavily on borrowed money.
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LONDON, England -- Manchester United have broken off talks with US businessman Malcolm Glazer over a possible takeover of the club, saying his bid relied too heavily on borrowed money.
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Malcolm Glazer has renewed his efforts to take control of Manchester United in spite of the collapse of talks between his banking advisers and the football club&#39;s two biggest shareholders.
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LONDON - US tycoon Malcolm Glazer has told the board of English Premier League soccer team Manchester United that he plans a new $1.56 billion (800 million pound) takeover offer, a source familiar with the matter said on Sunday.
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Manchester United has ended talks with US sports tycoon Malcolm Glazer about a possible bid by him for the club. Making the announcement, it said Glazer&#39;s outlined move would not be in the best interests of the club.
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Takeover talks between Manchester United Plc's two key Irish investors and American sports tycoon Malcolm Glazer are expected to be called off later on Thursday, sources close to the process said.
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American billionaire Malcolm Glazer makes another takeover bid for Man Utd.
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Manchester United Plc said it ended talks with Malcolm Glazer about a takeover bid for the world&#39;s biggest soccer club by revenue because the US billionaire&#39;s proposal involves borrowing against the company&#39;s assets.
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Manchester United is to ask the Takeover Panel to clarify the company&#39;s position regarding a potential takeover approach by US tycoon Malcolm Glazer.
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The bank and public relations firm advising US tycoon Malcolm Glazer on his attempt to acquire Manchester United dropped him as a client on Friday, hours after he ousted three of the English soccer giant&#39;s directors, sources close to the situation said.
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English soccer club Manchester United has ruled out holding new talks over a possible bid for the club by US tycoon Malcolm Glazer, the Financial Times reported on Monday.
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US sports tycoon Malcolm Glazer is preparing to sweeten the terms of his bid approach for Manchester United, reports say.
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LONDON - Manchester United have received a bid approach that boosted their shares yesterday and fanned talk that American sports tycoon Malcolm Glazer is planning a bid likely to top Â£650 million (S$2 billion).
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Manchester United plans talks with its two largest shareholders to put an end to months of speculation about the club&#39;s future ownership.
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Manchester Utd say they have ended talks with the Glazer family regarding a possible takeover.