Chinese investor making moves to line up Manchester United shares, according to reports
A MYSTERY Chinese buyer is thought to be interested in buying a stake in Manchester United.
The Sunday Times reports that negotiators claiming to act for a billionaire Asian investor have contacted some of United’s independent shareholders in recent weeks.
A slice of Old Trafford could be owned by a Chinese investorGetty - ContributorManchester United co-chairmen Joel and Avram Glazer in the stands at Old TraffordPA:Press Association
Their mission was to persuade shareholders to hand over, say, an eight per cent holding in the Premier League giants.
The club is listed on the New York Stock Exchange.
There have been persistent rumours that some members of the Glazer family – who control some 80 per cent of the club – are ready to relinquish a big chunk of shares.
The Times report says that the six children of the late Malcolm Glazer, who bought United for £790million in 2005, hold opposing views on whether to sell.
In any event, there is little chance that they will sell up lock, stock and barrel.
Especially as United is considered a trophy asset by Joel and Azram Glazer, who are co-chairmen.
MANCHESTER UNITED TRANSFER NEWS
Head turner
Tottenham and Man United to go head to head for England and Bolton youth keeper Jake Turner
UTD MISFIT exits
Guillermo Varela tipped to rejoin Penarol after slipping further down the ranks at Man Utd
'we need players'
Antonio Conte hits out at Chelsea's lack of signings... as he fumes about sale of Nemanja Matic to Man Utd
cam takes the leed
United youngster Cameron Borthwick-Jackson set to join Championship Leeds on season-long loan
EUR HAVING A LAUGH
Arsene Wenger says Man Utd don't deserve to be in Champions League after Europa League triumph as Arsenal train ahead of Prem opener
YOUR'E MEANT TO BE MATES!
Paul Pogba jokes that he wouldn't give Jesse Lingard or Romelu Lukaku a lift in Man United Q and A session
Bryan Glazer is said to want to keep his stake, but Edward, Kevin and Darcie Glazer might be interested in stepping down.
It is five years since United was listed in New York.
The Glazer family have not been very popular ownersAFPMalcolm Glazer bought the Old Trafford club in 2005AFP
Nemanja Matic 'feels great' about joining Manchester United
Only a small stake was sold, around £150m,
After Glazer Sr died in 2014, the siblings arranged a follow-on sale that reduced their holding still farther.
Leave a comment