Glazer hikes stake in ManU to 28%
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LONDON: Manchester United said on Tuesday US sports tycoon Malcolm Glazer had lifted his stake in the worldâs richest soccer club to 27.
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Malcolm Glazer&#39;s patient acquisition of Manchester United continues, his shareholding in the Premiership club now standing at 28.
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US businessman Malcolm Glazer has lifted his stake in Manchester United to 27.6% from 25.3%, heightening speculation that he will bid for the world&#39;s richest soccer club.
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UNITED&#39;S plc board have told Malcolm Glazer to put his money where his mouth is. Representatives of the American tycoon are understood to have mooted an offer of 300p per share to the United board which now wants to know how he is going to pay for it.
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Malcolm Glazer, who held takeover talks with Manchester United Plc this month, raised his stake in the English soccer club to 25.3 percent from 19.
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JP Morgan, the investment bank advising Malcolm Glazer, today said its client had raised his stake in Manchester United to 28.11%, putting the American within touching distance of the holding he would need to launch a takeover bid.
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US sports tycoon Malcolm Glazer confirms that he has raised his stake in Manchester United to 25.3%.
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LONDON : Shares in Manchester United surged as US sports tycoon Malcolm Glazer reportedly raised his stake in the club, though the English football giants said that no firm take-over offer had been received.
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American business tycoon Malcolm Glazer has launched another Â£17million raid on Manchester United on Monday. Glazer, who on Friday splashed out Â£45million to take his stake in the Old Trafford club to 25.
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The Guardian says representatives of Glazer, who owns a 28% stake in the club, are believed to have met Manchester United&#39;s chief executive, David Gill, last week to say the American tycoon is considering submitting a fresh Â£800m offer.
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LONDON Tampa Bay Buccaneers owner Malcolm Glazer has added to his Manchester United holdings for the third straight day, continuing to fuel speculation of a takeover bid.
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Malcolm Glazer is this week expected to try to persuade the Manchester United board to recommend a highly leveraged offer of 285p a share for the Premiership club.
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US sports tycoon Malcolm Glazer pays Â£17m to increase his stake in Manchester Utd for the second time in four days.
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US tycoon Malcolm Glazer makes a fresh approach to buy Manchester United, which could lead to bid valuing the premiership club at Â£800m.
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US sports tycoon Malcolm Glazer has raised his stake in Manchester United for the second time in three days. Mr Glazer spent Â£17m ($31m) on another six million shares on Monday to lift his holding in the club to 27.
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Malcolm Glazer today increased his stake in Manchester United for the third time in as many days - and moved a step closer to launching a takeover bid.
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AMERICAN sports magnate Malcolm Glazer is poised to seize control of Manchester United with an audacious Â£790 million bid to buy the world&#39;s richest football club.