Glazer forces out Man Utd directors
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Three directors of Manchester United have been ousted from the board after US tycoon Malcolm Glazer, who is attempting to buy the club, voted against their re-election.
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US tycoon Malcolm Glazer's attempted takeover of Manchester United has been called off, the club is expected to announce.
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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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MANCHESTER, England -- Malcolm Glazer&#39;s hopes of gaining control of Manchester United have suffered a blow with reports that bankers JP Morgan have withdrawn support for his takeover bid.
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MANCHESTER United were plunged into civil war last night after three directors were ousted from the board by the American sports tycoon Malcolm Glazer.
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US tycoon Malcolm Glazer's plans for a controlling interest in Man Utd are reportedly close to collapse.
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Takeover talks between two of Manchester United&#39;s biggest shareholders and Malcolm Glazer appear to have broken down. It is believed the US businessman has failed to reach a deal with John Magnier and JP McManus
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Manchester United was plunged into civil war tonight after three directors were ousted from the board by United States sports tycoon Malcolm Glazer.
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The board of Manchester United was last night accused of &quot;abdicating its fiduciary duty&quot; to shareholders by calling a halt to takeover talks with the American businessman Malcolm Glazer.
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Manchester United said Monday it has rejected a business plan from Tampa Bay Buccaneers owner Malcolm Glazer and ended takeover talks based on the plan.
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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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Manchester United were plunged into civil war when renegade shareholder Malcolm Glazer used his Â£205 million stake in the club to force out three directors as revenge for the boardâs rejection of his takeover bid last month.
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Three Manchester United directors lost their seats on the Old Trafford board tonight as Malcolm Glazer exacted revenge for his stalled takeover bid.
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Manchester United chief executive David Gill will head into the clubâs annual general meeting tomorrow fearing the possibility of another confrontation with Malcolm Glazer.
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UNITED fans today slammed the club&#39;s Board for not doing enough to repel American raider Malcolm Glazer. The Florida-based tycoon resurrected his takeover campaign last night buying Â£45m worth of shares to take his stake in the club to 25.
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Shares of Manchester United fell Monday as investors questioned the likelihood of a $1.5 billion bid from Malcolm Glazer after the US tycoon&#39;s bankers resigned.
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Manchester United has told Malcolm Glazer, the US billionaire, it will not discuss any bid for the club unless he makes a formal offer.